Joe Gun2Head Trade - More downside for DAX?Trade Idea: Selling NASDAQ
Reasoning: Bearih pressure likley to continue
Entry Level: 12644
Take Profit Level: 12350
Stop Loss: 12767
Risk/Reward: 2.38:1
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Germany40
DEU40 DAXHELLO GUYS THIS MY IDEA 💡ABOUT DEU40 is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
De40Long term day chart looking for big ( M) long term selling , if u like my this idea . Then hit like butto. . Thanks
DAX - Long as projectedAs projected on the 31th Jan DAX is hitting our first target. It's time to adjust your stop-loss if you have not already. This upper line of the triangle can be tested several times today and if it holds we are heading for the second target which will be around 15950 points. otherwise, we can expect the price to fall to the EMA (9).
Stop-loss can be adjusted to the EMA (9) line or slightly below.
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Disclaimer: This is not an investment advice
DAX - Alert for potential longRSI - SMA is close to signaling a "buy". If the price stays the same or higher by end of the day. If this happens target is the upper triangle line (blue line) and the second target will be around 15950 points.
What do we don't want to see for confirming our "long strategy": A closing below the SMA (9)
If you like this analysis - thumbs up!
________
🚀 Follow for daily posts
🎯 About my posts: They are kept self-explanatory in order to avoid overcomplicating and confusion. Mostly price signals and trend analysis combined with chart patterns.
Disclaimer: This is not an investment advice