DAX Looking To Fade The Equality TestIn this update we review the recent price action in the DAX (futures contract) and identify the next high probability trade locations nd price objectives to target.
FDXM1! trade ideas
NZD/USD: investors hope for a quick recovery in New Zealand tourCurrent trend
Against the backdrop of a slowdown in the growth of the US dollar, the NZD/USD pair is correcting within an uptrend near 0.6975.
The positive dynamics of the instrument are supported by the news about the lifting of most coronavirus restrictions within the country. Yesterday, Prime Minister Jacinda Ardern announced that from April 4, the mandatory presence of a QR code to visit public places was canceled. From April 12, tourists from Australia will be able to visit the country, and from May 1, tourists from many other countries, including the USA, Canada, the UK, and EU countries, will visit the country. This news is a very positive signal since the tourism industry annually brought up to 5% of the total GDP to the country's budget, and for the last two years, this income was almost completely absent.
The US dollar index is trading at stable levels, falling slightly yesterday to 98.400. The reason for the negative dynamics was poor data on basic orders for durable goods, which fell by 0.6% in February against an increase of 0.8% in January. Bookings fell even further, by 2.2%, well below the 1.6% rise a month earlier.
Support and resistance
The asset moves within the local channel, rising along the resistance line. Technical indicators maintain a stable buy signal: fast EMAs on the Alligator indicator are significantly above the signal line, and the AO oscillator histogram forms rising bars in the buying zone.
Resistance levels: 0.7021, 0.7203.
Support levels: 0.6925, 0.6739.
Dax Futures (FDAX1!), H4 Potential for a rise!Type: Bullish rise
Resistance : 14870
Pivot: 14090
Support : 13466
Preferred case: With price moving above the ichimoku cloud, we have a bullish bias that price will from our Pivot at 14090 in line pullback support and 23.6% Fibonacci retracement towards our 1st resistance at 14870 in line with the pullback resistance and 78.6% Fibonacci retracement .
Alternative scenario: If prices were to reverse, price may potential drop towards our 1st support at 13466 which is in line with the swing low support and 50% Fibonacci retracement level.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
Dax Futures (FDAX1!), H4 Potential for a rise!Type: Bullish rise
Resistance : 14870
Pivot: 14090
Support : 13466
Preferred case: With price moving above the ichimoku cloud, we have a bullish bias that price will from our Pivot at 14090 in line pullback support and 23.6% Fibonacci retracement towards our 1st resistance at 14870 in line with the pullback resistance and 78.6% Fibonacci retracement .
Alternative scenario: If prices were to reverse, price may potential drop towards our 1st support at 13466 which is in line with the swing low support and 50% Fibonacci retracement level.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
dax 4 hour : 3 place we must buy with SL=40 pointAccelator occilator AC 4hour do it's job well
despite yesterday mini crash , still we see daily chart trend + up
dax next target 🎯 is 14800(sellimit possible with SL above support)
if you have sell , advice you close it near 14000 and pick buy and hold it 8-10 day to 14800 or above (don't close sooner)
ALERT = for dax ( check your broker , dax symbol property,, if size is 10 contract) don't open Big size on dax ( per 1000$ balance you have , dont open above 0.01 lot , SL must be max -10$ ) dax easily can move in 1 day 1000 point (on 10k account max 0.1 lot)
if your broker dax contract = 1 so per 1000$ balance use 0.1 lot
note = in down side we have green line = EMA200 1hour (ema200 is very very important on full time dax on 15min, 1hour and daily chart ) and open gap (comes from cash extra dax) ( powerfull buy place, next low for next 30 day)
FDAX UpdateMFI moving up, expecting it to hit overbought, it's gotta at least back test the old support
This is why I think gap up tomorrow, maybe a dip on Thu and we're probably back to having Ponzi Fridays again based on last week.
I could be wrong though, but I'll be looking at some garbage to short tomorrow afternoon if FDAX gets overbought.
Germany40/FDAX index rejected at major resistenceFDAX index found good resistance today off the 14600 level which also coincides with the daily chart 50MA,
continued selling could see targets met to 13850
Dax Futures (FDAX1!), H4 Potential for a rise!Type: Bullish rise
Resistance : 15541
Pivot: 14870
Support : 14036
Preferred case: With price expected to reverse off the stochastics resistance, we have a bearish bias that price will from our Pivot at 14870 in line pullback support and 78.6% Fibonacci retracement towards our 1st support at 14036 in line with the pullback support.
Alternative scenario: If prices were to reverse, price may potential rise towards our 1st resistance at 15541 which is in line with the swing high resistance.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
DAX FUTURES Going to Attempt this short term-play for a GAP Fill
Check my link in Bio to follow for more Analysis!
Dax Futures (FDAX1!), H4 Potential for a rise!Type: Bullish rise
Resistance : 14870
Pivot: 14064
Support : 13736
Preferred case: We see the potential for a further bullish rise from our Pivot at 14064 in line pullback support and 23.6% and 50% Fibonacci retracement towards our 1st resistance at 14870 in line with the pullback resistance and 38.2% and 78.6% Fibonacci retracement. Our bullish bias is further supported prices trading above our ichimoku cloud.
Alternative scenario: If prices were to reverse, they can potentially drop towards our 1st Support at 13736 which is in line with the swing low support and the 38.2% and 78.6% Fibonacci retracement.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
Dax Bull Flag TradeIn this update we review the recent price action in the German DAX (futures contract) and identify the next high probability trading opportunity and price objective to target.
Dax Futures (FDAX1!), H4 Potential for a rise!Type: Bullish rise
Resistance : 14890
Pivot: 14064
Support : 13725
Preferred case: We see the potential for a further bullish rise from our Pivot at 14064 in line pullback support and 23.6% and 50% Fibonacci retracement towards our 1st resistance at 14890 in line with the pullback resistance and 38.2% and 78.6% Fibonacci retracement. Our bullish bias is further supported prices trading above our ichimoku cloud.
Alternative scenario: If prices were to reverse, they can potentially drop towards our 1st Support at 13725 which is in line with the swing low support and 78.6% Fibonacci retracement.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
Title: Dax Futures (FDAX1!), H4 Potential for a rise!Type: Bullish rise
Resistance : 14890
Pivot: 14064
Support : 13725
Preferred case: We see the potential for a further bullish rise from our Pivot at 14064 in line pullback support and 50% Fibonacci retracement towards our 1st resistance at 14890 in line with the pullback resistance and 78.6% Fibonacci retracement. Our bullish bias is further supported prices trading above our ichimoku cloud.
Alternative scenario: If prices were to reverse, they can potentially drop towards our 1st Support at 13725 which is in line with the swing low support and 78.6% Fibonacci retracement.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
buy dax near 14000 and hold it 10-15 dayon cash extra dax DEU40 we have gap in 14000 , then we can hold it to 15000 or even 16200
NOTE=14800 area is very important support
good luck 🎲, main trend will +up , strongly advice don't pick sell (if you want sell,100% put sl and never remove it , dax upper target is 17200 , it can fly up wild , don't allow you exit sell
ON DAX keep monitor accelator occilator AC in 30min and 4hour chart (trade with AC need minimum 8 month watching and find it's movements, secrets)
Trading The ABC Pattern In The DaxIn this update we review the recent price action in the DAX (futures contract) and identify the next high probability trade location and price objective to target.
Dax Futures (FDAX1!), H4 Potential for a rise!Type: Bullish rise
Resistance : 14890
Pivot: 14064
Support : 13725
Preferred case: We see the potential for a further bullish rise from our Pivot at 14064 in line pullback support and 50% Fibonacci retracement towards our 1st resistance at 14890 in line with the pullback resistance and 78.6% Fibonacci retracement. Our bullish bias is further supported prices trading above our ichimoku cloud.
Alternative scenario: If prices were to reverse, they can potentially drop towards our 1st Support at 13725 which is in line with the swing low support and 78.6% Fibonacci retracement.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
DAX Approaching the 1D MA50. Key for the recovery.The German Index has made a +17% rebound since last Monday's bottom and is very close to test the 1D MA50 (blue trend-line). That is the natural Resistance for the index as it has been unbroken since January 20th.
In a similar situation after the U.S. elections of November 2020, DAX started the strong uptrend of 2021 once it broke above the 1D MA50. It's first stop was the 1.236 Fibonacci extension level. On the current fractal that Fib is around 17200 and can be hit by June.
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Dax Futures (FDAX1!), H4 Potential for dip!Type: Bearish drop
Resistance : 14644
Pivot: 14099
Support : 12558
Preferred case: We see the potential for a further bearish drop from our Pivot at 14099 in line swing high resistance and 78.6% Fibonacci retracement towards our 1st support at 12558 in line with the swing low support. Our bearish bias is further supported prices trading below our ichimoku clouds .
Alternative scenario: If prices were to reverse, they can potentially climb towards our 1st resistance at 14644 which is in line with the swing high resistance.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
Dax Futures (FDAX1!), H4 Potential for dip!Type: Bearish drop
Resistance : 14644
Pivot: 14099
Support : 12558
Preferred case: We see the potential for a further bearish drop from our Pivot at 14099 in line swing high resistance and 78.6% Fibonacci retracement towards our 1st support at 12558 in line with the swing low support. Our bearish bias is further supported prices trading below our ichimoku clouds .
Alternative scenario: If prices were to reverse, they can potentially climb towards our 1st resistance at 14644 which is in line with the swing high resistance.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
FDAX also triggered a PercentR short tradeno rally up to 18 moving average on the US markets last week, but on the german DAX index we had a bigger rally.
i try no to short the market with a trailing stop above prior days high.
DOW is also short from 33333 (above last inside day)
DAX try fill 3nd gap in 14666break high or touch EMA200 1hour (green line) have powerful buy but with SL under support
if you have Sell , 100% put SL on high (break high, can fly up dax to 15000 area
keep monitor AC accalator occilator on 30min chart and 4hour chart
DAX: Step by Step🪜Currently, DAX is neatly following the step-by-step plan we calculated for it. The index has touched at the white strip between 13404 and 13225 points and has already started to move upwards, crossing 13782 points. Although it could still go back into the white strip more strongly to complete wave (4) in white, it could be finished with it just as well and could directly continue its way to the upper white zone between 14319 and 14589 points. To achieve this scenario, though, DAX must not fall below 12425 points. Otherwise, it would have to make a detour through the lower green zone between 12074 and 11776 points first. There is a 30% chance that this alternative scenario could come true.
