DAX30 Short Idea DAX30 shorting idea fiboretreacement. Please consider your own Levels risk. Good Luck
Germany30
DE30germany market hows looking like my analysis.. big sell but long time. if corona virus effect then chart may can go like my analysis..
This is what global indices are telling us. Part 2 In this video I've gone into more detail for the EURO stox, GDAX, UK and NIFTY. They're all showing potential signs of a turn around which indicates a turn around coming in the American markets as well.
GERMANY 30A bearish divergence is spotted as the indicator RSI (14) is making lower highs while price is making higher highs approaching the zone. This implies that the bulls are getting tired and selling pressure will soon get it.
Because this is a daily time frame, we will have to be patient enough for price to come back to the entry on chart and set take profit 1, 2 and 3 as shown.
DE30 Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point
GER 30 on the Way to new ATH?I would provide here some my view for the Dax for the next few Weeks. I think the picture speeks for itself.
DE30Index, possible sell coming.Germany30 has broken below a 4H support zone and has returned to this area. Monitor closely on a lower time frame to see if price decides to respect this zone or break above it. If price continues to reject this zone and we see a reversal pattern form, we can look for a bearish entry. However, if price breaks above this zone we can wait for a retest before looking for bullish trade setups.
DAX30 - Closer to resistance levelsLet's see if the levels will be causing a reversal in the price movemrnt.
We have calculated these levels on M,W,D,4H charts
Dax30- Where to short it?My 11500 target was hit and now the German index is consolidating just above this support.
A correction from this point is not out of the question but with EU imminent lockdown I expect this to be short-lived and a new leg down is just around the corner.
12k zone is a great place to sell Dax30 and a target of 10k for swing traders is very probable
Germany DAX 30 - if things unfold slowly...Germany DAX 30 - if things unfold slowly...
I could imagine that it would develop like this.
The temporal extension of the pattern is uncertain.
Market time is relative. It can happen faster or slower.
Just an idea to share and to check later.
No investment advice. Use your own judgment to trade.
Stay safe, everyone.
ReallyMe
