✅DAX BUYING OPPORTUNITY|LONG🚀 ✅DAX will keep growing Because the index broke the Key horizontal level of 16,400 Retested it and is going up again All while trading in an uptrend So I think that we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFxUpdated 4
DAX Elliott Wave Analysis for Monday 15/01/2024 (+ HTF)In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded. The primary scenario suggests that wave 4 has finished as an ABC structure. Doing the double correction as a WXY cannot be excluded.16:22by AndyCuckoo1
GER30Price created an ascending channel at the top of the structure with a three touch towards the daily high or ray line. later price moved impulsively to the downside . we are now waiting for a convincing correction or three touch flag to complete the move to the 90% rule. GShortby stylesbylethabo336
DAX Elliott Wave Analysis for Friday 12/01/2024In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded. The primary scenario suggests that wave 4 has finished as an ABC structure. 06:38by AndyCuckoo4
DAX // daily short trend continuesThere was a false breakout that ended in a penetration in the SHORT FROM zone that was the H4 start of long impulse and the North breakout. A correction from this short impulse and a new low is needed for confirmation, but as long as the H4 IMP stands, and the long countertrend on H4 breaks, target zones become valid.GShortby ZenScape0
DAX to find buyers at market levels?GER40 - 24h expiry Short term bias has turned positive. Levels close to the 50% pullback level of 16724 found buyers. The primary trend remains bullish. We look to buy dips. Prices have reacted from 16444. We look to Buy at 16725 (stop at 16645) Our profit targets will be 16925 and 16985 Resistance: 16885 / 16962 / 17004 Support: 16790 / 16724 / 16657 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA2
DAX Will Go UP! Buy! Hello,Traders! DAX is trading in an Uptrend and the index Retested the horizontal Support level of 16,344 And we are now seeing A bullish rebound so I think that the price Will go higher up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignalsUpdated 114
DAX INDEX - 4HIn the four-hour time frame, due to the reduction of the upward movement momentum of the price, if the upward movement trend of the price breaks and the price stabilizes below the range of 16650 units, there is a possibility of the price falling to the range of 16550 units, and in case of the strength of the range of 16400 units. Otherwise, the possibility of price increase up to the range of 16850 units.Shortby arongroups10
DAXX // contertrnd breakThe market has printed a Marubozu on H4 breaking the countertrend and above the Daily high and the H4 South Breakout (LONG FROM). Target zone is marked, idea is valid until the price is above the H4 IMP on H4.GLongby ZenScape1
Dax short, techinical trend continuationFrom technical side DAX is following a sell off - pull back pattern on the day chart. This is an opportunity to follow the technical levels and catch the next swing of downward movements. sl and tp on chart. good rr Good luck!GShortby SwagTradingUpdated 449
DAX // @countertrend breakIf buyers take the LONG FROM level on H1 today, the market may speed up. The Daily should close above the Daily IMP in order to see rise in the coming days.Gby ZenScape113
combined result of -0.65Here I will document my trades to keep track of them and ask you to comment. The trades are based on a spreadsheet that combines common trading approaches. In the next posts I will explain them in detail. At the moment I have a combined result of -0.65. That triggers a signal short. Shortby FranzFromBavaria4
DAX LONG W FORMATION There are definitely simple trading strategies that work. You just have to know them and use them correctly. Here we introduce you to important trading strategies and methods such as trading strategies for beginners, trading strategies for professionals or trading strategies for professional traders. What's important is that you pursue a strategy that fits your trading style, your risk tolerance, and your time and capital investment.Longby GOLDBERG_XF_SIGNAL2
DAX Elliott Wave Analysis for Wednesday 10/01/2024In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded. The primary scenario suggests that wave 4 has finished as an ABC structure.05:33by AndyCuckoo3
DAX - mixed pictureThe trend is long on the Weekly with a valid Daily countertrend. H4 waves are long, and from the Daily IMP, price may speed up in the direction of the primary long trend. Below the H4 IMP, Daily and H4 trend becomes bearish, and the price may decline to the correction fido 38.2Gby ZenScape1
Cautiously Interpreting the Key Week Reversal on the DAX Weekly Let's delve into a significant pattern observed this week on the Dax weekly chart – the key week reversal. As the name implies, this pattern signifies a reversal in the market trend. It typically emerges following a robust preceding trend, as we've witnessed in this case, characterized by a strong upward movement. A key week reversal occurs when the market charts both a new high and a new low, encapsulating the entire trading range of the previous week. Moreover, it concludes with a close below the low of the prior week. This precise sequence is evident on the current DAX chart. This pattern advises exercising caution, indicating a potential shift in market direction. However, it's essential to note the context in which this occurred – the holiday season of New Year and Christmas, which historically tend to have subdued trading activity. To bolster confidence in this reversal, I'd personally look for additional confirmation, such as a close below the previous year's highs, which currently stand at 16290. For a definitive reversal, it might necessitate a secondary signal, like a close below a substantial level of support. In essence, while the key week reversal warrants attention and suggests a possible trend shift, it's crucial to seek further confirmation, particularly during this period of seasonal trading lull, to make more informed decisions about potential market movements. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site. 01:21by The_STA2
Weekly Technical Analysis 09/01/2024Start 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. ---------------------------------------------------------------------------------------------------------------------- Germany 40 The trend is currently neutral with the price oscillating around the 20-period VWAP of 16,711. The index has support at 16,548 and resistance at 16,871. The RSI at 48 indicates a market that is neither overbought nor oversold, suggesting a potential for either direction in the near term. UK 100 The index is showing a bullish trend with price consolidating around the 20-period VWAP of 7,676. Support lies at 7,571, and resistance is at 7,781. The RSI is at 49, hinting at a balanced market with potential for continued upward movement if buying pressure increases. Wall Street Exhibiting a bullish trend with the current price have dipped below the 20-period VWAP of 37,346 for the first time since November. It has support at 37,230 and resistance at 37,795. With an RSI of 55, the index is showing moderate bullish momentum but looks susceptible to rolling over. Brent Crude Oil In a bearish phase but the price is back above the 20-period VWAP of 77.76. The commodity finds support at 74.40 and resistance at 81.14. The RSI of 47 suggests the market is neither overbought nor oversold, but the bearish trend could continue if the price falls back below the VWAP. Gold The commodity is bullish, but in a retracement with the price trading below the 20-period VWAP of 2,037. Support is found at 1,980, with resistance at 2,095. An RSI of 61 shows a healthy bullish trend without immediate overbought concerns, suggesting the potential for continued upward movement. EUR/USD The currency pair is in a bullish trend, but with the current price below the 20-period VWAP of 1.0943. Support is present at 1.0727, and resistance at 1.1159. The RSI at 59 indicates a moderate bullish momentum, with room for upward movement before hitting overbought conditions. GBP/USD Demonstrating a bullish trend above its 20-period VWAP of 1.2673. The pair has support at 1.2521 and faces resistance at 1.2825. The RSI stands at 59, suggesting that there is still some upward momentum before the market becomes overbought. USD/JPY The pair shows a bearish trend with its price below the 20-period VWAP of 142.83. It has established support at 139.88 and resistance at 145.77. The RSI at 34 is leaning towards oversold territory, which could potentially lead to a bounce back if bullish pressure emerges. by Spreadex0
Where is the DAX going? Please note that the scenarios presented are based on my personal assessment and experience and represent a summary of the most likely price range for the respective time unit. Trade appropriate position sizes that correspond to your individual risk management.by GOLDBERG_XF_SIGNAL0
GER40 ideaAfter price broke structure to the downside, it retraced and retested a supply zone before preceding to break further structure with momentum. Before it broke the latest low, it formed liquidity right below a golden zone that it is currently retracing towards. It is this liquidity that it could use to fuel it's move to the downside to take out the latest weak low since it is now confirmed that price has just shifted to a bearish overflow.Shortby BlackTygaTrades4
DAX Elliott Wave Analysis for Tuesday 09/01/2024In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded. The primary scenario suggests that wave 4 has finished as an ABC structure.08:02by AndyCuckoo5
DAX: Strong selling expected.DAX has turned bullish again on the 1D technical outlook (RSI = 61.214, MACD = 155.000, ADX = 20.016) as it is posting the strongest daily candle of the last 30 days. We consider this move to be counter trend as the Bearish Divergence that is being staged on the 1D RSI looks like the one in late February 2023. That one also posted a counter trend rise on February 24th that tested the Resistance and then pulled back by -7.83% to the 0.618 Fibonacci level. Consequently we are shorting the current rally and will target the 0.5 Fibonacci level (TP = 15,800), which is slightly under the S1 level and the 1D MA200. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Shortby InvestingScope10
DAX Index - 20k on the cardsDAX index has broken through previous resistance. Cup and Handle formation has been over 2 years so this is a powerful breakout. Stops at 16,390 and will keep adding to the position in the year. On the daily, we had a retest of 0.236 Fib level and that coincides with previous resistance. Seasonally DAX performs well during the 1H of the year.Longby Kemsdale0
DAX Elliott Wave Analysis for Monday 08/01/2024In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded. The primary scenario suggests that we are now working on wave 4 as an ABC structure.06:09by AndyCuckoo5