dax can change level to 17000if you drow trend Fibo extension on daily chart,it show target 14500 then 17000
in other side if you compare sp500 dow ,they grow more than dax so dax must change level
we will see 14400 soon
FDAX1! trade ideas
1hour chartfrom 9Nov dax is range , still buyer pressure is high,,,i can see dax can fly to up ,go to new level 14000 to 17000
wait until donchian up,down line break
DAILY CHART 13800 IS TARGET BE CAREFUL , FIBO EXTENTION SHOW DAX WILL SEE 17000 SOON
SECRET= WHEN DAX IS ABOVE EMA200 60MIN,DAILY ONLY LOOKING FOR BUY,BUYSTOP ON HIGH
100% put buylimit on 12600 too
down gap fillin up we have =gap +all time high +trendline in 13800
trend still is powerful + ,looking for buystop in 15min high
FDAX MFI OversoldThat means a bounce, no wonder why we're getting a bullish finish on a Thu which is usually the weakest day.
Getting into the Value Zone of the vol. profileThe price come back to the value zone, breaking down the VAH. Target is to reach the VAL (volume low).
why 14400 is dax targetfibo extention and fibo show high will be 14400 then 16000
be careful from sell, dont remove sl....looking for buystop on 15min high (when dax is above ema200 60-1440min)
dax is range from 8 days agstrategy = on dax when you see range (low move) 100% put buystop on high,sellstop low you must see 3sl 7tp (tp=3*sl)
trend push dax up dax traders in war to reach all time high(13800) so
sellimit below 13800 and buylimit on down 2 gap is good orders (sl=40) trail stop=40)
FDAX UpdateRSI overbought but MFI isn;'t. Looks bullish like it wants to fill teh original COVID gap from Feb.
If FDAX goes up, the market usually gaps up. The only reason why some indices are red is because Asia dropped yesterday.
AC 240min show + trend to 14000on dax AC (or stoch 5-3-3) is important time=30-240
on gold=60-1440min
golden buylimit for keep longterm=12540
Downmove potential on DAXThese are the latest potentials I see after analyzing with volumes and market orders.
My settings for DAX is still short above 13000.
Happy trading!
FDAX Gap FillBefore people get too bearish because the market is overly pumptarded, a reminder that a few indices have yet to fill the original COVID gap.... and now we have 3 vaccines.
FDAX/iBov (Brazil)/HangSeng (Hong Kong) still need to filll COVID gaps.
Odly, FDAX has a gap underneath as well, so eventually the market will tank. But who knows when.....
DAX pointing to highs.In my previous charts analysis, we were subjected to two conditions, big ones. Now they cleared up. US elections happened, market seemed to take it okay, and vaccine trials from different labs are promising good results and deliveries might be happening before EOD. All this plus pure technical analysis made it clear for me: LONG.
I'm chasing 460 area, and above that we can easily finish the year above 600.
FDAX UpdateFDAX went overbought on RSI this morning and dumped, hence the weakness in the morning. QQQ and SPY both went red.
Just because the market is pumptarded doesn't mean it's gonna gap up tomorrow. Could go either way since Europe looked weak. Note that MFI is droppping as well.
