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Germanindex

Classic wave 4️⃣ action! The DAX opens Wednesday's trading session flat, while concerns about the coronavirus pandemic and its impact on the economy continue to dominate among investors. U.S. President Donald Trump had instructed the government and his party the evening before to refrain from negotiating with the Democrats on further aid measures to deal with the virus crisis until after the election. In both scenarios we are assuming a further imminent upward movement in the direction of 13,000 points, but at 40% we still have to take into account that the market will slump again afterwards. As long as the DAX is trading below 13304 points, the underlying downward scenario remains valid. Direction: 11500 - 10500 points.
EUREX:FDAX1!
by MarketIntel
DAX: Sell opportunity if the Support breaks.DAX is trading within a Rising Wedge on the 4H chart which started on March 23rd when the previous bottom was made. Despite the fact that today it broke the Higher Low trend line, the technical indicators are neutral (RSI = 45.750, MACD = 8.800, ADX = 19.431) as the Support Zone hasn't been broken yet (10,225 - 10,165) and the 4H MA50 is intact since March 24th. Both of those sustain the uptrend. If however the Support breaks, we will take the opportunity to short towards the next Support level. Our Target Zone is 9,500 - 9,300. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
EUREX:FDAX1!Short
by InvestingScope
Germany 30 long-term prediction So far so good and we are reaching our profit target. I am going to close my long positions and i am going to start shorting the market inside this range of 11.200 and 12.000. Actually i am going to look for entrance inside a little smaller range into the zone of 11.650-12.000. I am going to be keeping my short until the zone of 5000-6000. This is where germany 30 will go according to my wave system. risk disclaimer This prediction is based on my personal trading strategy and this article does not suggest you to make any trades and i am not responsible for any future losses.
OANDA:DE30EURShort
by togatoni
3
DAX: Profit sideways unless we have a break-out.The German index is trading within a Channel Down on the 1H chart and at the moment the momentum is sideways (RSI = 54.078) within 9,950 and 9,300 (Lower High and Lower Low respectively). If the Channel Down breaks upwards, then we will target the 10,400 - 10,750 zone while if it breaks downwards we will target the 9,060 - 8,800 zone. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
EUREX:FDAX1!
by InvestingScope
DAX: Sell opportunity within the Channel Up.DAX is trading within a 1D Channel Up since early November. At the moment the price is next to the Higher High trend line, which is technically an optimal sell entry assuming the pattern holds. With the RSI also at the top of its 2 month consolidation channel, we treat this as a strong medium term sell opportunity. Our Target Zone is 13,165 - 13,100. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
XETR:DAXShort
by InvestingScope
3