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Germany30

Wiser Look - Wider viewHi traders. weekend is here. time to relax and look back. They say older people are wiser, since they know what happened in the past, hence they git a wider view. Weekly chart we can see a great divergence, meaning we should welcome the BEARS are enjoy the downhill ride. It doesn't mean it will happen on Monday, but bear in mind - it will come sooner then later. and when the bears will hit, it will be painful. targets are as always the 0.618% fib retrace. BUT, we gotta keep respect Daxi, and price action. so looking at daily time frame will be our helping hand. Enjoy your weekend !
FX:GER30Short
by DaxiDriver
10
DAX / H2-m15-m2 : Multi Timeframe Intraday AnalysisThis study shows what are my projections for the german index. Still to early too jump into short but certainly not buying anything here as we have a nice reversal on top of the H2 timeframe. Price are probably just pulling back to form Elliott wave 2 point and head to the big wave 3 that should be the extended wave of the bear impulse that I expect the prices to show later. In ploted on this chart the theoric targets I'm looking forward to sell the index again with low risk entries.
FX:GER30Short
by PRO_Indicators
DAX / H4 : Ending Diagonal to terminate this impulse ?Just as the DOW count revealed, the DAX 0.76% may be creating an ending diagonal formation on fifth and final wave of the current count that started upon Trump's election and fueled the price without a single retracement (as 2 & 4 were both flat corrections ). Anyway we might be reaching a market top as suggested and as we didn't have any retracement and that this wave was basically based on promises that will less likely come afterwards.. I anticipate that we should have a profound 50% retracement of this wave. Maybe more if we have some catalysts in the meantime. For agressive traders, there is still one subwave count to finish in this possible ending diagonal as subwave are supposed to be in ZigZags. So we have wave A, now retracing to B point that we should reach soon, that leaves us with a C wave to look for before considering agressive shorts. Generally we use the fibo extension of 78,6% of previous wave as target... you have it on the chart ! For less agressive ones, of course waiting for the wedge to break down. Remember that ending diagonal breakouts generally creates strong movements with extended 1st wave impulse as first A retracement wave. So there's plenty of room to go close this Macron gap I guess ! That will be Target 1 for ;) Hope this idea will inspire some of you ! I'm pretty new to TradingView so I'ld appreciate any like/follow if you feel like it deserve it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators
FX:GER30Short
by PRO_Indicators
Projection DE30, looking for year high 13700~From a 100% technical perspective, my chart is telling me DE30 looking for top of bullish channel since post subprime crisis rally. Before this happens though, I'd like to see a drop to 12316 - 12392 (2015 high) for a healthy climb the coming weeks. So to conclude my thoughts I think we've seen swing high looking for swing low to a new all time high that might roll over very fast because of the lack of confidence in stocks that are already overvalued.
OANDA:DE30EUR
by LordTrader
DAX Taking Profit time... But no "big short" for now (later)Just as american indices the Elliott count suggests that the "big short" is coming a bit later ! Anyway there's no point buying the current prices either.. Buyers must get out here and wait for better prices to come back in for the last ( III ) wave before we get to reach the final supercycle count.. Which will mean that we will finally be able to get that supposed "big short" trade ! At least a low risk level to try it out ! Anyhow for the moment it's time to eventually short for a daily/weekly retracement and the signal should be coming pretty soon.
FX:GER30
by PRO_Indicators
2