Germany30 Prediction!Awaiting a nice long buy position it looks like! I find it will be highly unlikely for the price to drop again and i'm thinking we're heading back to previous highs as covid-19 lockdown measures will ease.
Germany30
Dax should top out between 11200-11600The German Market Index should end a corrective ABC-Move in the red area. After this I am expecting a 50% move down to the prior low.
Germany’s DAX: 10,265 is key supportGermany’s DAX index has violated trendline rising from the March low.
Immediate outlook stands neutralized.
Index is trapped in a symmetrical triangle.
Lower end of the triangle is seen at 10,265. Acceptance lower would confirm bearish reversal and could yield a pullback to levels below $10K, possibly to $9,337.
May be we are going to see another wave of selling in May as daily charts of most major indices show bearish reversal patterns…
DAX rising wedgeYesterdays' historic oil plunge could be affecting the markets today. DAX trying to break the rising wedge.
Making new lows is a good trigger to short o the next support level.
Please support the idea and share your thoughts on DAX!
Good Luck and Stay Healthy!
DAX30 Possible RallyeSince the major tanking allover the markets, today has been another +3 % marker.
From technical:
- strong underbought RSI on Daily
- candles performing price action with large wick candles indicating momentum loss
- approaching critical 8000-8700 support level
Even though, I am overall short, this are some interesting indicators for an upcoming rallye .
Why short?
Overall macro situation, in my opinion the corona dip is simply the beginning of a well-overcycled recession.
Okay, first published analysis. Dont bash me haha
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.
Germany 30 predictionThis is my prediction for Germany 30 index.
There is strong support at this level and the index is going to climb up to the zone between 11.200 and 12.200. This is a bear market rally and the collapse is going to continue after this break. I will be able to tell you the next bear target after it reaches the 11.200-12.200 zone.
risk desclaimer
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.
DAX head and shouldersRising wedge testing lows of the support in the H&S pattern.
RSI divergence, waiting for the break to short to the 61.8% Fib level.
Please support the idea and share your thoughts on DAX!
Good Luck and Stay Healthy!
DAX rising wedgePrice level going down to test the low of the rising wedge. Also strong support there and 200SMA, requires a break and close of the candle to confirm. Target above 61.8% Fib level.
Alternatively will be looking for reverse patterns a the testing area on smaller time frames to catch potential buys.
Please support the idea and share your thoughts on DAX!
Good Luck and Stay Healthy!
DAX prediction till 2021 year by Powerful Trader (Daily)Hello everyone!
Traders we do not like to write more.
The prediction of the price you can find on a chart!
Regards, Team Traders "Powerful Traders"
Germany Index Likely to GoUp LBLS indicator shows This analysis is purely based on the LongBuyLongSell Indicator
Here are the tree basic criteria matching to go LONG as per the LongBuyLongSell Indicator.
Please read the details in the comments /description of this indicator to know more how it works.
LIKE
COMMENT
FOLLOW
#DAX Full Trading Analysis (Predictable Fibonacci Confluences)Traders, In this analysis I show how market moves in harmonics and how things line up nicely if we just learn to use fibonacci properly. DAX has several opportunities coming in coming weeks and months. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders.
Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge.
Have a great trading week!
Germany Stock Index (Wild Swings Ahead)View On German Stock Index (6 MAR 2020)
It is just like a ping-pong ball that falls to the strong floor.
Once it hits the hard floor, we can expect a strong bounce and follow by the series of small bounces.
This is exactly what is happening right now.
I do not expect another strong bearish move like what we had last 2 weeks ago.
Instead, we shall see strong swings up/down and this is where you need to be careful. Big money can be made but big money can be lost too.
Once the wild swings get frizzled out, this is where the slow trend will emerge and it will last long.
In general, as long as 12,500 level is not broken up, it can go lower in medium (3-6) months' timeframe.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
This could turn ugly for german stocksWell, Dax just broke an important weekly support, let's therefore look at the longterm monthly picture.
We see that the monthly MA200 had excellent support the last times in 2001 and 2008. If this scenario was to repeat, and we indeed
get a financial crisis due to the corona pandemic, then we might see Dax go as low as 7000, before rebound. New all time highs in this case not before 2023. Brutal!
DAX descending triangleNice descending triangle formed. Waiting for the break to the downside to short again.
Good Luck!
