DAX - possible ideas for December 2016 - 2017 yearPossible developments on GER30
Potential targets on the chart.
Globally in short GER30.
Intraday and long positions.
Thank you for your attention.
Germanindex
GER30: Finally out of the consolidation...short itThe DAX has broken the lower line of the consolidation channel, that is the bearish bias we were waiting for, so to jump on the bigger move downwards, we are waiting on an imminent opportunity at the @10560 level of major resistance, also we have equidistant harmonic retracement.
Hoping to see some kind of rejection at that level complemented with RSI
Have a great weekend !
:)
Intraday - short $GER30 from 10700Possible fractal recovery to 10700 then short (limit order). If it doesn't get there, nothing lost.
My Daytrading idea for the DaxBreakout through 10650 will be a short setup down to 10600///10500
Breakout through 10730 will be a long setup up to 10830
I except that the DAX for the first few trading hours goes down to 10650 then up to 10700//10730.
DAX-30The stage is set for a new all-time high in the DAX 30
Major resistance- 10720 (trend line joining 10806 and 10777)
I waiting maximum 11000 until december
Dax: Bullish SetupWith price creating a small pullback after Fridays bullish move we can see that "Dax" is potentially heading towards previous highs at "10700"
This trade is a simple intraday move and was triggered due to price action, a break and retest creating higher highs and lows.
DAX - 30Long time i think about DAX . I see one Global chanel(BLUE) and smaller channel (YELLOW). In all channels shall be downward movement.
DAXAfter GER-30 drop touch level 38.2% and now need go to level 61.8%
Today Mario Dragi will talk about good European economy. And we will see consolidation
DAXWorking with fibonacci
61.8 (10577) strong correction level
78.6 (10660) very strong correction level
DAXGER already start goind down but not so strong. Next two weeks i think we go more down.
Have good profit dear traders.
Daily Outside Bar just below the PRZ of a Gartley The German DAX continues to consolidate just below the PRZ of weekly bearish Gartley pattern.
Today, after Draghi's ECB press conference, the German Index formed a daily Outside Bar that will be triggered if the price will decline below 10,600
For now, the Fast MA line (in yellow) continues to play its support role and drives the price higher every time it touches it.
When it'll fail, it'll be the trigger for a pullback towards 10,000 again (with 10,350-10,400 as mid Target) to test the strong weekly support there.
GER30 4 hThat was a big short now watch out. 10365/75 can be long, but it's not clear we can see 10 k an than up.
So we have to wait what happend.
10365/75 könnte der Wendepunkt sein, das ist aber noch nicht klar da auch noch 10 k abgeholt werden können.
Also abwarten bzw.Shortgewinne mitnehmen. DAX die 10 k kommen sollte sich heute oder morgen entscheiden denke ich
Handel nach eurem Plan!
Reversal ahead?since dax ended his correction game, it looks like the up move was of a "correctional" nature to prepare a much bigger sell off.
Areas of interest will be between 10.600 and 10.550
