DAX In A Bull TrendHello traders,
DAX is trading bullish since March of 2020. We see four completed legs within a bigger impulse, with price specifically trading out of a triangle in wave IV. We see a sharp rally from the 12852 level, which is accompanied by a break above the triangle line, which is a strong indication that bulls within a wave V can be on the move. As such, be aware of further upside on DAX, which can be aiming for 14500/15000 region.
Germany30
On the way to the All-time highs zone / DAXMain items we can see on the chart:
a) The price has been on a bullish trend since MARCH 2020
b) Currently, we can see the price outside the ascending channel
c) However, we do not consider it as a reversal signal yet
d) We expect the price to reach the next resistance zone (all-time highs) There we will pay attention for possible reversal or continuation patterns
e) Currently, we can see a small correction. (We expect a bullish resolution IF the price breaks above it)
Germany short positionMonday opened on an uptrend, so taking the chance to cash in some pips. Let's see how this day rolls :)
DAX / We are waiting for another bullish movementMain items we can see on the chart:
a) The price broke the ascending channel
b) Currently, the price is above a Support/Resistance zone
c) On the edge of that level, we can see a corrective structure
d) IF the price breaks above the corrective structure we expect a bullish movement towards the 4hs target
e) The key zone is above the yellow structure if the breakout doesn't happen we will invalidate our view
BFRA Long-Term Targets 200% Potential ProfitsBFRA - Long-Term Targets (50% + Potential Profits)
This chart is setting itself up for long-term growth.
The purpose of this chart is to share with you the long-term targets
Here we are looking at %+ potential profits... after a massive drop
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BFRA
Biofrontera AG
Healthcare | Biotechnology | Germany
DAX - SWING Alert - Bearish Scenario / 10-15% GAINS !!!-NEW author on TradingView
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XETR:DAX 90min: BEST level to SHORT 10-15% gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XETR:DAX 90min chart review / outlook
::: bounce imminent right now
::: likely setting up for a bigger move downwards after filling the CME Gap (13400-13500)
::: however short-term I recommend to focus
::: on selling HIGH from confirmed resistance
::: In this Setup it is very important to be patient to not get frontrunned
::: key resistance: 13500 USD
::: key support level: 11400-12000 USD
::: recommended strategy: SHORT IT 13400-13500 USD
::: SL 13720 USD TP1 12000 USD TP2 11400 USD
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::: Good luck traders!
The bullish trend continues towards the Next Resistance on DAXMain items we can see on the chart:
a) The price is on a bullish trend since March
b) Currently, we can see a corrective structure supported on a major zone
c) We had a breakout of the structure and we expect a continuation of the bullish movement
d) The target we will be aiming for is the next Resistance zone (Historical Higher Highs)
GER30 in the Neutral Range again - Wider Look on the ChartHello to all watching my charts.
I got a lokk at the German GER 30 Index Dax (R) and what we see is
that i have divided them in 3 parts
Long Part: Above the Aerea of 12770
Neutral Part: Between 12540 and 12770
Short Part : Below 12540
These Marks are always at GER30 Plus Minus 20/30 Points
cause thse Inex is bounce arond always since years.
Maybe we will get an inverse SKS here in the big picture
but that we have to wait on the right shoulder shich is not here.
If the indexx bounced big above 12770 than we got it
and that would be a big LONG signal.
Good trades.
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My analyes here are all NOT a request to buy or sell
seomething. Allways do you own research.
Renkotrade
Germany 30 longGermany opened with a deep drop this morning. Only means one thing, it hit my buy level. pushing my profit limit to a slightly higher rate. let's see how this day rolls :)
Germany 30 longWIth this volatile market, cashing in some small but consistent profits and now because of this slight dip, taking advantage to catch this days slight uptrend. Let's see how this day rolls :)
DAX - Will we see a further decline?Technical aspects:
Bears in control: Bearish flag formation once confirmed if it breaks below support area of 12800 area the bears are in control measure the bear flag which goes well with our descending channel 12680-12560 areas are key support areas!
Bulls in control: breaks about that key trend-line down going towards reaching the next trend-line area is the next resistance zone 13060 above bulls are in control the next resistance are will be 13200 areas.
Keep in mind key trend-lines, channel and the certain patterns forming. We could even add any additional indicators you may use such as RSI, MACD, Fibs etc. Do what your plan says to do. Keep disciplined.
Remember: Just a trade idea, not a recommendation
DAX30 watch the 10,000 Level DAX looks bearish to complete the correction, overall trend is UP, watch the 10,000 level
GERMANY 30 bearish opportunityGermany had a relatively low value before the market closed last week. Fed Fake out has been causing a lil stir in the market, hoping to cash in some pips with this volatile Monday market. let's see how this day rolls :)
DAX: Channel Up making a bottom.DAX is trading within a Channel Up on the 4H chart (RSI = 36.715, MACD = -1.100, ADX = 34.094) since lat June. Following the Higher High at 13,300, the index pulled back to make contact with the 4H MA50 (blue line), which last time (July 10th) provided a rebound. We expect a similar pattern but if it fails we are prepared to close the position and turn into selling towards the 12,400 Support, where the price can contact the 4H MA200 (orange line) for the first time since May 14th.
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DAX - Will buyers emerge ahead of the weekend? GER30 is Bullish - We look to Buy at 12750
▪️ Trading within a Bullish Channel formation.
▪️ The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
▪️ Bespoke support is located at 12750.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 12750, resulting in improved risk/reward.
▪️ Expect trading to remain mixed and volatile.
Stop: 12690
Target1: 13155
Target2: 13300