DAX H4 | Rising into a swing-high resistanceThe DAX (GER30) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 21,467.75 which is a swing-high resistance.
Stop loss is at 22,200.00 which is a level that sits above a pullback resistance.
Take profit is at 20,283.76 which is
DAX: Move Up Expected! Long!
My dear friends,
Today we will analyse DAX together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 21,159.51 will confirm the new direction downwards with the target being the next key level of 21,322.13.and a reconvened placement o
Bullish bounce off pullback support?GER40 has bounced off the support level which is a pullback support that lines up with the 5-% Fibonacci retracement and could rise from this level to our take profit.
Entry: 20,283,82
Why we like it:
There is a pullback support level that lines up with the 50% Fibonacci retracement.
Stop loss: 19
DAX H4 | Swing-high resistance overheadThe DAX (GER30) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 21,467.75 which is a swing-high resistance.
Stop loss is at 22,100.00 which is a level that sits above a pullback resistance.
Take profit is at 20,318.67 which is
Bullish bounce?DAX40 (DE40) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance which has been identified as a pullback resistance.
Pivot: 20,786.83
1st Support: 20,370.22
1st Resistance: 21,784.20
Risk Warning:
Trading Forex and CFDs carries a high level of ris
25-04-16 DAY 21'196 - More to come ..Bears comin'The German Dax did last year a very outstanding performance.
Inbetween, some money switches from the USA into Europe. Germany as well.
The Chart shows very impressive, what 2001 happend. Also after a period, where everyone talked about "the Sky" is the Limit. After 2001 the Dax needed 5 years for r
DAX: Next Move Is Up! Long!
My dear friends,
Today we will analyse DAX together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 20.353.80 Therefore, a strong bullish reaction here could determine the next move up.We will watch for a confirmation candle, and then target the
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Displays a symbol's price movements over previous years to identify recurring trends.
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