Textbook move in the dax as we have resumed higher as expected, in the linked forecast from last week. Looking for further upside if the count proves to be correct, otherwise we can look for a double correction lower into wave {c} or {y}.
Dear German traders, on 2HRA you can see on the chart thet the price just canceled what seemed to be a breakout of the channel the price is consolidating at, before you buy it you must wait for the price to break the resistance level with a higher volume than the highest one we have currently
Dear German traders, I made an analysis for you on the 2GB to inform you that it's not the appropriate time to buy it, you must wait for the price to break the tough resistance level it keeps pulling back on for the past year.
Hello Ger30 indicator. In a positive state with a bullish flag. And the correction of the last wave on an important ratio in Fibonacci 0.5. Likewise, this correction came on strong support at 14650. With the formation of very positive candles indicating a strong entry for buyers to rise again . Note: If you like this analysis, please give your opinion on it. ...
With the last couple of impulses, we can now assume that the following movements will bring the course above the 57.06€-mark. Afterwards, we expect the price to produce more significant downward trends. Falling below 41€, however, would mean that the alternatice scenario, currently equipped with a 40% chance, will be activated, pulling us directly down towards new lows.
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...
It's not a struggle for the German index! The DAX index used all its willpower to find its way up and pushed all the way to climb above the resistance at 13 970 points. We're currently observing an upwards slope that should steadily move into the pink zone between 14 346 - 14 687 points. As soon as the blue wave completes its movement, the trend should turn into...
Daily Insight Commentary: Monday - German Industrial Production m/m beats forecast this follows Friday’s strong September factory orders data German DAX +12% since October 13th Higher tops and higher bottoms on price indicates short term uptrend taking shape (daily chart) , however resistance in front of current price may push price lower before...
DAX Monthly Forecast Movements 1-30 November 2022 We can see that for this month, the implied volatility is around 7.3%, increasing from 7.18% of last month. This is currently placing us in the 70th percentile according to ATR and 91th according to VDAX. Based on this percentile calculation, on average the monthly movement for the candle(from open of the candle...
Looking ahead - ECB interest rate decision tomorrow Tomorrow: 12:15 GMT European Central Bank (ECB) meeting takes place where a +0.75% (75 basis point) increase is expected Market movers: German DAX testing resistance opening up the potential for a further upside advance? DAX Index: Bullish technical conditions in the very short-term following the...
HELLO GUYS THIS MY IDEA 💡ABOUT DEU40 is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the Seller from this area will be defend this SHORT position.. and when the price come back to this area, strong SELLER will be push down the market again.. DOWNTREND + Support from the past + Strong volume area is my mainly reason...
FDAX was moving in the last months in kind of range below the 209 MA . A massive Resistance that FDAX hasn't been able to break since early 2022. A key Support was tested twice in March and May around the price of 12400. Once FDAX breaks support with a large volume, a decline towards 10800 will probably resume. Otherwise, if FDAX breaks the resistance and 209...
Happy Midweek, Happy CPI Day, As mentioned in yesterday's analysis, DAX not being able to hold above 13680 was ominous Now a sustained move below 13440, break of 13300 will open it up to 12920. Will it happen today, we will see It still has chance to gain back above 13680 13530 is the line in the sand today Macro : DE HICP, US CPI Buy Break: 13550,...
*** Tradingview has hidden my analysis for August 1, 2022 because it contained a link to my twitter profile. *** This is likely to be relatively quiet day unless some news appears. Practically entire Europe is now in vacation mode. Volumes are very thin and hence ticks can be jumpy. DAX is on a retracement journey. So potential retracement levels are 13350,...
Unlike American indices, Dax30 looks like it has finished correcting at the beginning of March with a low at 12500. After this low, the index has traded pretty constructively and at this moment a higher low can be in place at the 13500 zone. The falling trend line started at the beginning of 2022 is also broken to the upside and we can assist in further gains this...
Hello Traders On weekend I published this idea first. Now the price formed a falling wedge and is now at the resistance from last week lows. The Traders Dynamic Index is bearish too. If the price break through the wedge support plus the 38.2 fib level there will be a good chance that it will go further down to the 50 fib level maybe till 61.8 level. Good Trades
📉 Expecting bullish price action on DAX as price takes out the weekly lows liquidity + old lows sell side liquidity. Price filled the D1 imbalance and takes out stops below 14.000 institutional figure, if we will see a bullish closure on the H4 with this ,,hammer,, candlestick there is a high probability of the DAX going higher alligned with the US STOCK MARKET...
Ger30 multiple timeframe breakdown, we will be looking to sell going forward and have a buy as stated to fill up the candles