DAX / 1H Hello traders, welcome back to another market breakdown. The dax has rejected a key level sending a signal to the bulls to buy more. Checkout the what I'm waiting for a swing trade. Trade safely, Trader Leo.
The German Dax index rose 25% from its lows in early October, delivering nine weeks of gains and outperforming US stock indices. The bullish price action has been rather sharp for a market that had a 27% decline from its top in the first nine months of the year. In November 2022, the Dax saw overbought RSI for the first time in over a year and the index also...
Hello everyone, here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello traders, DAX is trading bullish since March of 2020. We see four completed legs within a bigger impulse, with price specifically trading out of a triangle in wave IV. We see a sharp rally from the 12852 level, which is accompanied by a break above the triangle line, which is a strong indication that bulls within a wave V can be on the move. As such, be...
Hello everyone, here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
The German DAX has retraced into an interesting cluster of support which is worth being aware of. Recently, the market has risen into a consolidatory phase which produced a triple top. The third top was followed by a sharp retracement and that’s where the market stands at the time of writing. The following Analysis Points (APs) will guide you through some of the...
The German DAX has retraced into an interesting cluster of support which is worth being aware of. Recently, the market has risen into a consolidatory phase which produced a triple top. The third top was followed by a sharp retracement and that’s where the market stands at the time of writing. The following Analysis Points (APs) will guide you through some of the...
Pattern: Channel Up on 1D. Signal: Bullish as the index touched the MA50. Target: 12,600 and 12,800 (if it touches the lower Higher Low support).
Hey Guys! I believe that a short on Dax is coming very soon. Prices could reach lows of 1180.0/1160.0. TP:1180.0/1160.0