DAX intradayContinue to move on the goals of Pattern Bullish Crab.
Possible scenario on the chart.
Targets on the chart.
Target 3 - ? (12800)
High risk trade!
Germanindex
Testing weekly harmonic pattern - Is it heading to 6000? Even before yesterday's results, the French CAC40 provided a bullish long term signal when it broke above a monthly downtrend line.
The CAC40 is testing the X point of a bearish Bat pattern (similar to what we see in German DAX) and if it'll break and close above it, it can continue all the way up to 6000 to test a bigger PRZ.
DAX (Germany 30) Post French ElectionDAX (Germany 30) went up to a new high at 12337. Can it go higher???
Long DAX (Germany 30)Today’s trading idea is coming from the German index- DAX. During the day it sold off down to the closest intraday support at 12075. Buyers supported the price and it shot up to over 12175. This left a daily bearish rejection on the chart of this index. The daily candle is a pin bar and it seems logical that the next move will be up. Based on today’s activity, my possible long entry will be at around 12150. My stop-loss will be placed just under the low of the pin bar at 12035. I will be looking to take profit at around 12260 and then 12400– depending on price action. I will be extra cautious with this trade, because price is close to a major top, so even if I trade it, it will be a smaller size.
DAX German Index Daily Update (6 Apr 17) *Swing ShortIt starts to show it true intention after whipping traders out.
going back to 11900 is very likely.
Trade Safe.
s0nic
GER 30 4hSo now we are going down till 11700/600 i think and than up one time.
So look at your plan and good luck.
Interesting situation for DAXWee need to kiss the upper border of the channel.
Or maybe we already kissed? Easy kiss.))
Let`s see.
I still long for DAX.
Making its way towards weekly Bat completion The False Breakout that the DAX made few weeks ago when he declined below a daily uptrend line and immediately climbed back above signaled the bulls to come back...
Last week we saw the bulls pushing the price back up from the Fast MA line - The bullish trend is still strong.
The price is about 2% away from the completion of a weekly Bat pattern near the psychological level -12,000.
Only a close below 11,500 will violate this short term bullish scenario.
I'm waiting for the DAX near 12,000... will be interesting
Read more of my ideas in the weekly newsletter - link in signature
Big Rally is awaiting#DAX
#SELL 11800
Final TP 500 pip
TP each 100 pip
SL 120 pips
KEEP M.M.
G. LUCK
Shine on you diamonds - GER30~ Hourly diamond formation on the german DAX. The daily trend is upwards, climbing to the top of a canal. I will wait for the breakout though as any good trader would, and would indicatively state 11960 as a target if bull breakout, and 11540 if bearish breakout.
Cheers ;)
DAX | DAILY, D1 | BUY follow the LONG opening and make LONG-BUY* * * news from today * * *
IT COMES A NEW ELECTED PRÄSIDENT (possible favorite Mr. Steinmeier) FOR GERMANY.
check the LONG-BUY opening betweeen the lines above and fallow all day long an upward trend.
so that just make a BUY-order.
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ATTENTION!
this is a test-analysis on the demo-account. please don't try it on your real account.
Short term bearish scenario DAX is testing a broken uptrend line (as resistance).
With structure, broken trend line, 2 MA lines and minor downtrend line - 11,600-11,650 makes a potential Sell Zone
11,500 and 11,450 are the short term target zones
