Dax going downAfter the uptrend in the Dax, we went up again and corrected.
Now I assume that we will see falling courses in the next few days.
Why am I thinking that?
Now we see that we have made a deep down deep after a strong sell off.
After such a fall there is usually a correction.
We now have various resistance which now serve as support.
The 200 EMA was not broken.
the trend-limiting green line
weak volume
enjoy the way
logindaten
Germany30
DAX wants to come back and falls againHello everybody
today was an exciting day to devote to the Dax.
If you have positioned yourself short you could watch the game relax.
We have seen an uptrend lately, which has declined more and more. The last high let one assume that it comes soon to the trend reversal.
Well, now we have fallen below the last low which means a clear reversal signal.
Beware the market has already given a lot of points.
I would not be surprised if he tries to fight back. Right there I'm looking for my new short boarding. I work with reversal signals at the main fibonacci level. I also go into the smaller time unit and look for possible resistance.
Caution is advised in the 10963 (blue line). This is a very strong resistance and many will position themselves long.
Personally, I am looking for my short entry and date this as the 1st price target.
There I pay attention to how the market behaves.
Enjoy the way
logindaten
A possible movementJust looking at the graphs, maybe the history will repeat one more time ;) Market seems to have one more leap forward before a correction in the first 2 weeks of February.
Last 2 days, we observed a nice upward movement at US stocks, but at the sometime Germany remain weak.
US-China trade talks will be postponed later in the month with a big visit of the president Trump to China. The analysts in China says it would be not possible to reach all goals. I guess it would be partial agreement, maybe some tariffs would be reduced ???? but I believe the further discussions will be ongoing --- this seems a positive information for sometime.
Dax corrected nowThe Dax has received several reverse signals today. It was a real short day and you could get some =).
The Dax is parried for the second time on the 78er fibunacci and is again below the 200 EMA in the 4 hour chart.
In the 1-hour chart, the MACD also comes to a head, which may lead to further price losses
I assume that he makes a backtest at the blue zone of resistance and then opens the way to head shoulder shoulder formation and also makes a backtest. if this is the case, the market will fall sharply again. Consider this is a longer-term forecast. You have to pay attention to how the course behaves there in all the resistance zones.
enjoy the way
logindaten
DAX will go up bevor he falls deeplyLet’s take a look at the long-term chart of the Dax. We can see that Dax has recovered well on an 1-hour chart after the touch of EMA.
since we haven’t seen any appreciable backtest of the shoulder-head-shoulder formation yet and we have exceeded the latest low in a short period of time. I proceed to the following upsiring courses, till we finally can see a reversed candle at the lower part of the formation.
#schnugg
enjoy the way
logindaten
GER30 marching for 11500?During this turbulent time of tariff imposing between USA and China, indexes have changed a lot in the way of movements, and the reactions on speculations are extreme, leading the spikes to be in hundreds and thousands of points in both directions. GER30 particularly has been very sensitive, thus a great possibility to trade with, but also very risky on the short term.
Yesterday and also today, probably we will hear about this more in the following days too, we have speculations that USA have been prepared to lift tariffs on China, or if not, at least get closer to an agreement on how to proceed in the future, so businesses will not be affected. finance.yahoo.com
That said even if USA and China have an agreement, the EU have been loud lately about how that agreement out of the WTO rules of engagements will have an negative effect on the EU business with USA and China, so from one side things can be resolved, but since another powerful economic organisation as the EU is, is having aspiration to lead the world in an economic sense, we can expect a lot more from Stocks and Forex movements, sudden spikes of volatility and instability in prices.
For now as it is , and if more positive news come in we have the GER30 on the run towards 11500.
1d chart analysis:
Resistance 11150, 11270, 11500.
Support 11750, 11580, 11280.
MACD: signals for further gains.
thetrade.academy
Risk warning!
---------------------------------------------------
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. You should first be aware of the risk and know what you do before you proceed with trading. Supplied information is not advice.
GER30 marching for 11500 level? During this turbulent time of tariff imposing between USA and China, indexes have changed a lot in the way of movements, and the reactions on speculations are extreme, leading the spikes to be in hundreds and thousands of points in both directions. GER30 particularly has been very sensitive, thus a great possibility to trade with, but also very risky on the short term.
Yesterday and also today, probably we will hear about this more in the following days too, we have speculations that USA have been prepared to lift tariffs on China, or if not, at least get closer to an agreement on how to proceed in the future, so businesses will not be affected.
That said even if USA and China have an agreement, the EU have been loud lately about how that agreement out of the WTO rules of engagements will have an negative effect on the EU business with USA and China, so from one side things can be resolved, but since another powerful economic organisation as the EU is, is having aspiration to lead the world in an economic sense, we can expect a lot more from Stocks and Forex movements, sudden spikes of volatility and instability in prices.
For now as it is , and if more positive news come in we have the GER30 on the run towards 11500.
1d chart analysis:
Resistance 11150, 11270, 11500.
Support 11750, 11580, 11280.
MACD: signals for further gains in the price.
Risk warning!
---------------------------------------------------
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. You should first be aware of the risk and know what you do before you proceed with trading. Supplied information is not advice.
Bullish Reversal On German DAX - Elliott wave AnalysisGerman dax unfolded an EW ending diagonal within a bigger wave, which seems to have found a low at the 10280 level, from where a nice rally is now developing. This rally can be labelled as wave 1, first wave of a bigger upcoming cycle that is expected to unravel five minor legs. At the moment we see a temporary pullback unfolding as part of wave 1, which can face support and a recovery near the 10782 level.
DAX 30 - INVERSE H&S SETTING UP Just the right shoulder left to form.
Will be looking to enter above the break of the neckline.
Please follow and leave a like if you enjoy what you see want to see more
The analysis is made based on chart patterns and EW.
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
DAX Index: Much more potentialA large reversal pattern (H&S shaped) has been completed with the recent break below ~12000 (cloud and internal trend line) and a full swing down trend is in progress. Focus is on 10150 (minor) and 9965 (first major projection). Below that 9475 and even 8465 come into play on a 12+ month horizon.
On the upside, prices should not rally above 12050 for the foreseeable future. Risk/reward remains excellent. We have full short-exposure (equities) divided equally between the DAX and AEX Amsterdam.
Near term trend: negative
Long term trend: negative
Outlook: huge long term reversal, negative
Strategy: hold-short / sell rallies
Support: 10150* / 9965* / 9475* / 8465*
Resistance: 12050 / 12335 / 12670
Outlook cancelled/neutralized above 12335
Germany 30 (DAX) Long SetupThis above is the 4H chart of DAX. There is a major support level just below it, as you can see indicated from the chart.
This could be the beginning of a new bullish move. I am also looking at the daily chart and it looks like there could be a possible pin bar in-the-forming.
Check out more in the link below
German Stock Index (14 Dec 2018) *Watch These Cues
Updated View On German Index (14 Dec 2018)
The index is under heavy pressure and it is trying hard to break a strong RESISTANT of 10,960 regions.
You can turn BULLISH "only if" the level is broken UP.
At the same time, watch 10,600 level closely. If that level is broken, more bear will slide in,
To Conclude, it is almost 50-50 at this moment.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
DAX sell zone 11000-11050 (H4 chart)This is my point of view for the DAX now. As i'm a student i don't have alot of time to check the chart. If I am able to watch the chart when it is in the sell zone that is mentioned in the title, I will upload an idea from that point with entry points and take profits. DAX is in a downtrend now, if the trade goes well we can make alot of points out of this trade.
Wirecard is going southNice trend channel to the downside that supports the bearish sentiment.
Next stop is the 200 EMA support zone.