Germany 30 SellI sell Germany 30. SL and Tp on the chart. Now i just wait and see!Shortby MsandroidUpdated 3
Dax Long position setupWe had a BOS to the down and then a CHoCH to the top. Now we have to wait for a pullback, and I think this area has its potential to set an order. This setup is in 4H TF, so also we can wait for the price to come into our area of interest and then wait for a CHoCH in lower TF like 15m TF and then find another entry zone... Longby NavidNazarianUpdated 3
GERMANY 40 / DE40 MONEY HEIST PLAN ON BULLISHHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist GERMANY 40 / DE40 based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High Stop Loss : Recent Swing High using 1h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading StyleLongby Thief_Trader2
DE40 | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # Trend | Time Frame Conductive | Weekly Time Frame - General Trend - Measurement on Session * Support & Resistance * Trade Area | Focus & Motion Ahead # Position & Risk Reward | Daily Time Frame - Measurement on Session * Retracement | 0.5 & 0.618 * Extension | 0.786 & 1 Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | BuyLongby P-Ment4U2
Elliott Wave Intraday Analysis Expects DAX to Turn Higher SoonShort Term Elliott Wave view on DAX suggests that the Index is correcting cycle from 8.5.2024 low in 3, 7, or 11 swing before it resumes higher. The pullback on 8.5.2024 towards 17024.6 ended wave ((4)). The Index has turned higher in wave ((5)) with internal subdivision as an impulse Elliott Wave structure. Up from wave ((4)), wave ((i)) ended at 17505.23 and wave ((ii)) pullback ended at 17233.07. Wave ((iii)) higher ended at 17666.82 and pullback in wave ((iv)) ended at 17439.87. Wave ((v)) higher ended at 18920.1 which completed wave 1 in higher degree. Dips in wave 2 ended at 17669.64. Up from wave 2, wave ((i)) ended at 17921.99 and wave ((ii)) ended at 17827.08. Wave ((iii)) higher ended at 18344.22 and wave ((iv)) ended at 18240.17. Wave ((v)) higher ended at 18495.28 which completed wave 3 in higher degree. Pullback in wave 4 ended at 18349.98. Final leg wave 5 ended at 18990.78 which completed wave (1) in higher degree. Wave (2) pullback is in progress to correct cycle from 8.5.2024 low as a double three Elliott Wave structure. Down from wave (1), wave W ended at 18414.13 and wave X ended at 18607.79. Expect wave Y to extend lower to correct cycle from 8.5.2024 low in 7 swing towards 17659.1 – 18018.6 area before it turns higher. As far as pivot at 17024.62 low stays intact, expect pullback to find support in 3, 7, 11 swing for more upside.by Elliottwave-Forecast2
German DAX30 buy setupAfter BOS to the top, now it's time for the pullback and I think this area has potential to set a buy order. Lets see what happens...Longby NavidNazarianUpdated 2
#202438 - priceactiontds - weekly update - daxGood Evening and I hope you are well. tl;dr dax: Neutral. Won’t be running into any more traps again. Both sides have reasonable arguments but bulls closed last week at the highs, so bulls are slightly favored. Best pattern currently is probably the big bull wedge we are in. Bulls want a retest of the ath 18990 and bears below 18000. Bullish above 18750 and bearish below 18200, neutral in between. Quote from last week: comment: Selling is already too strong for a pullback in a bull trend. We are in a big trading range and on our way to test the lower range somewhere between 17000 - 17500. Do we get there in a straight line like we went up in August? Highly unlikely but so was the climactic selling and the insane reversal over the past 5 weeks. comment : Disappointment bar on Monday, bears tried again on Tuesday and Wednesday but market held above 18200 and bears then quickly gave up. My bearishness last week was a bit too strong but slightly profitable until the reversal on Wednesday. So, not much harm done. Market formed a bull wedge and if bulls can close the bear gap to 18750 on Monday, we will very likely see 18990 or 19000 over the next days. Bears have nothing until they can get below 18200 or we reach 19000. I don’t think that many traders will be interested in buying above 19000 but let’s see next week. current market cycle: big trading range key levels: 17000 - 19000 bull case: Bulls did not do much on Monday and Tuesday but enough to make many bears take profits early and stall the market and bears were not having that, so they gave up. Bulls are favored if they get above 18750 but I think it’s very close to 50/50 if we make a new ath. Market is undecided to the max and we see many traps on any time frame. We are above the daily ema and the bull trend line from the wedge, so bulls are slightly favored. Invalidation is below 18200. bear case: Bears gave up on Thursday and do they want to fight it at 18700? I don’t think so. Thu + Fr was strong enough that we can expect a retest of the ath next week and there I expect stronger selling to happen again. Since we did not print 19000 so far, it’s an obvious magnet and market’s rarely touch those big round numbers and reverse from there. We will likely overshoot some before big bears come around. Make no mistake, this buying here is purely absolutely atrocious from any reasonable valuation level given many German macro indicators but that stuff will only destroy your account so let’s not go there. Market is overvalued and we will likely see 17000 again this year. Invalidation is above 18750. outlook last week: short term: Bearish but only on momentum again. Any pullback has to stay below 18700. Next targets for bears are 18000 and below that is 17500. Fun times ahead. → Last Sunday we traded 18301 and now we are at 18699. Bears fumbled it on Wednesday and then quickly gave up. Bearish momentum was there on Tuesday but they barely made a new low. Anyhow, bad outlook. short term: Neutral. Bullish above 18750 for 18900+, bearish below 18200 and neutral in between. medium-long term - Update from 2024-09-01: 4 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19000 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Next 2000 Points will be made to the downside but it’s too early to short this. current swing trade: Cut those shorts on Thursday and will try again around 19000 if bears come around. chart update: Added a bull wedge again and made the bear gap smaller.by priceactiontds1
DAX - BEARISH CORRECTION BEFORE CPITechnical Analysis DAX The price remains within a bearish zone as long as it trades below 18,520, with potential targets at 18,290 and, below that, 18,180. Ahead of the inflation data, the trend is expected to remain bearish. However, during the release of inflation data, a reversal to a bullish direction is possible due to potential rate cuts. Stabilization above 18,520 would support a rise towards 18,640 and 18,780. Key Levels: Pivot Point: 18520 Resistance Levels: 18640, 18780, 18970 Support Levels: 18345, 18260, 18180 Expected Range: 18540 - 18260 Trend: Bearish as long as the price remains below 18520.Shortby SroshMayiUpdated 4
Dax for 18 K - Inverted Cup and Handle Dax is in a downtrend after rejection from 19K . Price can be seen to be in the midst of forming and Inverted Cup and Handle structure, with resistance offered by Fan 2. The Inverted Cup and Handle, if formed, suggests continuation of the downtrend. The likely target is at 18 K. Here , structure can act as resistance. It is confluent to the Fibonacci .50 level. The RSI printing in the Sell Zone. The Bias at present is short. DShortby Umlingo2
Riding the Bull: My Probability-Based Approach to Trading GER30The German DAX (GER30) is showing promising signs for potential upside movement, supported by several key fundamental factors: 1. European Central Bank's accommodative stance 2. Improving economic indicators in the Eurozone 3. Strong performance of German export-oriented companies 4. Increasing investor confidence in the European market recovery To capitalize on this bullish outlook, I'm employing a probability-based approach to enter long positions on GER30. Take a look at these analyses to see the details behind this trade idea. 12M: 3D: 1H: Longby Jasminex1x2Updated 4
DAX/GER retest yesterday high - prepare to shortTeam, with the DAX, we need to wait for the confirmation before we enter the short. We are waiting for the trend to be retested. And Confirm if it is a FAKE breakout. We consider entering the short position at 18887-18883. STOP LOSS at 18953. We are updating pricing as well. Less confuse Target 1 - 18832 Target 2 - 18790-18784 Target 3 - 18746-18723Shortby ActiveTraderRoom1
Trade Options for 25.9.2024Tomorrow there are three reasonable trade options derived from support & resistance areas. For details see text boxes in the chart. I preferable look for option 1 and 4. Notes: green and red boxes dervied from last movement volume areas, Pivot levels and Fib levels. yellow boxes are derived from higher TF MAs. by MichiBTC20210
Weekly Technical AnalysisStart your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. *KEY Trend is set by the slope of the VWAP over 50 periods Phase is determined by the current price relative to the VWAP (20) level (above or below) Support & Resistance are set by the StdDev #2 Lower and Upper respectively. Momentum is determined by the RSI level (70 as overbought and under 30 as oversold). -------------------------------------------------------------------------------------------------------------------- Analysis Germany 40 Germany 40 continues its bullish momentum, currently in an impulsive phase. The price is 18,753, slightly above the VWAP (20) of 18,617. Support is seen at 18,207, while resistance lies at 19,026. The RSI is at 55, indicating mild bullish momentum but also bearish divergence. UK 100 The UK 100 remains neutral, in a consolidation phase that has turned weaker with the price breaking below a rising trendline. The price is 8,246, hovering near the VWAP (20) of 8,269. Support is positioned at 8,154, with resistance at 8,384. The RSI is at 47, reflecting balanced momentum but is marked by 3 declining peaks, suggestive of further weakness. Wall Street Wall Street continues its bullish trend, still in an impulsive phase. The price is at 42,000, well above the VWAP (20) of 41,107. Support is at 40,007, with resistance at 42,207. An RSI of 67 indicates robust bullish momentum but without the conviction of an overbought reading. Brent Crude Brent Crude remains in a bearish trend, now experiencing a corrective phase. The price is 73.92, just above the VWAP (20) of 72.92. Support is located at 69.26, with resistance at 76.57. With an RSI of 48, the market is still in its bearish regime of a 30-60 range but is indicating a potential for reversal. Gold Gold continues its bullish run, currently in an impulsive phase at a record high. The price is 2,614, above the VWAP (20) of 2,542. Support is at 2,449, and resistance is at 2,635. The RSI of 70 reflects strong bullish momentum, and overbought conditions. EUR/USD EUR/USD remains in a bullish trend, still in an impulsive phase. The price is 1.1098, slightly above the VWAP (20) of 1.1091. Support is at 1.1000, with resistance at 1.1174. The RSI is at 51, reflecting moderate bullish momentum. GBP/USD GBP/USD continues its bullish trend, staying in an impulsive phase into new 2024 highs. The price is 1.3319, sitting comfortably above the VWAP (20) of 1.3164. Support is at 1.3009, while resistance is at 1.3319, the current price level. The RSI of 61 signals solid bullish momentum but bearish divergence has appeared. USD/JPY USD/JPY remains in a bearish trend, now in a corrective phase with a move over a down trendline. The price is 143.71, slightly above the VWAP (20) of 143.03. Support is set at 139.63, with resistance at 146.42. An RSI of 49 is a big swing from bearish to neutral momentum, implying a new trend or perhaps a longer period of consolidation. by Spreadex0
GER40: Remains bullish amid global uncertaintyEuropean stock markets started the week with mixed results, influenced by the recent interest rate cut by the U.S. Federal Reserve (Fed) and China's monetary policies. The German DAX and the UK's FTSE 100 posted modest gains of 0.1%, while the French CAC 40 fell by 0.2%. The Fed's decision to cut rates by 50 basis points, a larger-than-expected cut, generated global optimism as it anticipated a boost to economic activity. The People's Bank of China also contributed to this favorable environment by reducing its 14-day repo rate, which eased domestic monetary conditions, boosting growth. These moves, along with expectations that the European Central Bank (ECB) could accelerate its rate-cutting cycle, reflect pressures on monetary authorities in Europe, with key figures such as Mário Centeno suggesting that the ECB could act sooner than expected. In the European economic context, preliminary PMIs for September will be crucial in assessing the health of the region. Weaker than expected data would increase the likelihood of further expansionary measures by the ECB. On the corporate front, Commerzbank shares fell 4.3% after the German government confirmed that it will maintain its 12% stake, cooling speculation about a possible merger with UniCredit. On the other hand, oil prices rose in the face of growing tension in the Middle East, which has generated concerns about supply. Both Brent and WTI registered increases of 0.3% and 0.4%, respectively, highlighting the impact of geopolitical risks on energy markets. On the technical front, the German DAX remains in a long-term uptrend. After its sharp plunge in its first week of August and subsequent sharp corrections to the upside, the index has a checkpoint (POC) around 18,491 points, with a high at 19,050.81 and key support at 18,267.81 points. The RSI at 56.99% suggests that there is still room for further upside momentum. According to Fibonacci retracements, 76.4% is slightly below the current highs, indicating that we will have to watch if the index breaks this level. In conclusion, European markets are trading in an environment conditioned by global monetary policies and international tensions, as investors assess both the impact of rate cuts and volatility in oil prices. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. GLongby ActivTrades1
GER30 possible move I'm expecting price on GER30 to push up after changing structure to the up sideLongby GoldenB550
22.9.24After the interest rates, price is looking ot continue stronger. Keys measures of inflation and apperances from Fed officials will be watched this week to show the health of the economy. Price on both pairs have created new highs after its rally but could be tested if this weeks data fails to support expectations Us30: Price in an overall bullish market had broken highs on Monday and continued to make newer highs after the rate cut on Wednesday. After a strong bullish week absolutely smashing past previous months highs, I'd like to see price trade past or atleast to Thursdays highs of 42178.06. However, I will like to see if price falls to 41851.82 Ger40: Price had traded higher in to new highs after reaching Tuesday supply zone and continuing higher later in the traded day on Wednesday. Price overall reached old highs after its overall retracement and created new highs. Price seems to look like it has lost steam as it couldnt close past previosu week and month highs, so will ike to see if and what price will do if it falls to 18703.8. If it were to continue bullish I will be targeting 19050.1 Longby S0202Trades1
Shorts into the potential buysHello traders, A potential ''simple'' play is shaping up on GER40. It doesn't mean when PA tapped into a new ATH and sells of, its meant to be the top. However, PA made a huge inpulse and right now it's forming its larger correction before the potential next leg to the upside. PA is forming an expanding right now. - Weekly bullish pinbar close (still bullish but positioned well) - Daily retraced quite well (engulfing --> evening star formation) - 4H is clear (impulsive move) -1H --> entry plan: looking for a clear 3-touch continuation into the previous ''marked'' lows that has been broken. Targeting the first point of inflection at minimum with a potential to the value area. I've used the fibonacci as a guidance, never as a confluence factor. However, it's healthy to give a .50 pullback after such rallyGShortby Jappie240
DAX buy limit orderAs I mentioned before, we have opening market gap that I think the price is coming to fill this. Lets set a buy order below the gap to see if it triggers...GLongby NavidNazarianUpdated 0
SHORT DAX/GER40 - entry price NOWTeam, GER30 has enter our short position, STOP LOSS AT 18991.70 SHORT PRICE AT 18934-18926 RANGES TARGET 1 AT 18872.4 TARGET 2 18770.6 PLEASE NOTE: once the price reach first target - take partial and bring stop loss to 18858.7Shortby ActiveTraderRoom1
Germany Dax buy setupWe have a CHoCH in 5m TF that means we're in a pullback of higher TF. I think this area has its potential to go longGLongby NavidNazarianUpdated 0
H4 Choch Bounce 200ma wait 1D Closed Above Entry Price.H4 Choch Bounce 200ma wait 1D Closed Above Entry Price. Friday will Choch Red in Smaller TF H1/m15 that flip back to Green We will Entry from ChoCh buy Smaller TF Wait tomorrow. Secret Ratio is 1.5Longby NorthKoreanTraderInPyeongyangUpdated 1
Germany Dax40 buy setupI'll set a buy limit order in this area. Lets see what happens.GLongby NavidNazarianUpdated 0
Losing SteamIt is the 3rd consecutive time that we didn't reach a new top. This may indicate a desire of the market to correct, i.e. to take out some risk or to have a snooze at least. Thus I assume that there is no big risk on the upside. Shortby motleifaulUpdated 1