Germany 30 Sell I sell the reversal pattern. Sl and Tp on the chart. Now i just wait and see! Shortby Msandroid0
DAX40 Bearish Rising WedgeRising zigzag, line at 17,600. If broken, supports are way lower: 17,000; 16,500 and 15,800Shortby j_arrieta4
GERMANY 30 (DE30EUR): Classic Bullish SetupDE30 fell to a significant horizontal support level on Monday before rebounding and creating a rising triangle pattern on the 4-hour chart. The triangle's neckline is base on an intraday gap down. Keep a close eye on the highlighted blue zone, which serves as a narrowing buy zone supported by a trend line and a broken neckline. I anticipate a bullish movement to follow. The next resistance level to watch for is at 18,089.Longby linofx1334
buy to sell set-upGer30 Price formed an all-time high at 18 921. It must be noted that the swing responsible for this high has been bridged by price recently and formed a new swing low at 17 024. Now we focus on the price within this mentioned price range looking for selling opportunities targeting or new formed low. It have a supply zone at 18 584 which is to be used as our area of interest as it is this price level that will validate our set-up and a break and close above this area will invalidate out trade. Most importantly price has to return to it within 30 days for us to consider taking the sell. For price to reach this level we have to technical zones which we can’t rule out which are old swing low areas, respectively; 17 945 and 18 175 which much more expected of price to respect as it recently formed and it in more closer to our inner 4hr/1hr supply zone targeting the newly formed swing low at 17 024. We have x2 set-ups -The retest of the broken old swing and -the retest of the supply zone by cpointfx4
Dax ABCDThe Dax has moved from a Base - Drop to a Base . This Base is in the form of an Ascending Triangle. Drop + Ascending Triangle = Continuation to downside. An ABCD move, which is completed with a final Drop. How Far ? 16400 is possible to the Demand Zone. Shortby Umlingo1
GER30 DOWNTREND1.Ger30 has been on a downtrend for some time. 2.The trend is still continuing with the downward move since a rising triangle has been formed. 3.The triangle broke out of the major condolidation, signaling a continuation with the downtrend. 4.Entry and Exit points as indicated.Shortby Hyper_fxt112
GER40 - In Bullish TrendGER40 is in bullish trend after making a bullish divergence @ 1H timeframe. It is also complimenting the trend line. Taken an instant entry. The Signal is: EP: 17592 SL: 17257.90 TP: 17926.1 RR: 0.5%Longby MuhammadArif0390
DAX to see a powerful correction to the upside?GER40 - 24h expiry Bullish divergence is expected to support prices. The bullish engulfing candle on the 4 hour chart the positive for sentiment. We are trading at oversold extremes. A higher correction is expected. The bias is to break to the upside. A break of the recent high at 17565 should result in a further move higher. We look to Buy a break of 17585 (stop at 17425) Our profit targets will be 17985 and 18185 Resistance: 17565 / 17700 / 17900 Support: 17400 / 17250 / 17021 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 OANDA1
07.08.2024 - GBE Marktcheck - DAX, S&P 500, Nvidia, Silber Herzlich Willkommen zu einem neuen GBE Marktcheck mit dem langjährigen Trading- und Charttechnik Experten John Gossen. In diesem Video werden folgende Basiswerte anhand der aktuellen charttechnischen Situation besprochen und unter anderem potenzielle Trading-Strategien aufgezeigt: - DAX Erholung Richtung 17.700 Punkte? - S&P 500 deutlich überverkauft! - Nvidia zieht an! - Silber mit Long Chance? Wir wünschen Ihnen einen erfolgreichen Handelstag! Disclaimer: CFDs sind komplexe Instrumente und bergen ein hohes Risiko, Gelder schnell durch Hebelwirkung zu verlieren. 78.68% der Privatanleger-Konten verlieren Gelder, wenn Sie CFDs mit diesem Anbieter handeln. Sie sollten überlegen, ob Sie verstehen, wie CFDs funktionieren und ob Sie es sich leisten können, das Risiko einzugehen, Ihr Geld zu verlieren. 03:14by GBEbrokers3
Unlocking the Trading EdgeIt's all about probabilities! 🎲 Understanding probabilities is essential for success in trading. Here are a couple of examples: 1️⃣ Example 1: Risk Management When managing risk, I assess the probability of a trade going in my favor versus the probability of it going against me. By using proper position sizing, damage control techniques (or stop-loss orders), technical pattern recognition and sentiment assessment, I aim to ensure that even if some trades result in losses (through washing), the overall probability favors profitable outcomes. 2️⃣ Example 2: Technical Analysis In technical analysis, I don't expect every trade setup to be a guaranteed winner. Instead, I focus on identifying high-probability setups with a either a favorable sentiment bias with the trend or an over-extended mean reversion opportunity. By combining technical indicators, chart patterns, and confluence factors, I aim to stack the odds in my favor every single time. By understanding that forex trading is about probabilities, I don't let individual trade outcomes affect my confidence. I know that even with a winning edge, there will be losing or damage control trades along the way. What matters is consistently executing my strategy with discipline and sticking to my edge in order to allow for the law of averages to play out. Been doing this for almost 10 years now. Teaching it every day to my students, who see this edge play out over time as I share my trading with them. Remember, forex trading is not about being right all the time, but rather about making trades that have a higher probability of success and managing risk effectively. Embrace the probabilities, stick to your trading plan, and focus on the long-term results. Here's to profitable trading!Educationby AlexSoro222
Faith in the wave principleThis serves as a reminder to adhere to the wave principle discovered by Ralph Nelson Elliott. I'm sharing this photo as it's the only documentation of the diagnosis before the development of this analytical idea. It's essential to pay attention to signs that confirm an idea when sharing it with friends, such as the invalidation of the analysis, the passing of the price of the aggressive and conservative idea, as well as the formation of each correction and action pattern. This is a detail I want to emphasize because I don't want anyone to experience the psychological suffering of losing capital. I wish everyone success and recovery in the field of analysis and trading. I am nobody, which is why I chose the nickname Mr. Nobody. Educationby mehdi47abbasi799
The idea of extending the DAX bull marketGreetings The recent discussion regarding the Dax Market presented a single potential scenario, exploring a specific structural formation. It is important to note that my analysis stems from a background in technical analysis, and my initial viewpoint was based on the observed structure. However, it is crucial to emphasize that I do not lay claim to expertise in market analysis, though I do hold a strong belief in the wave principle, substantiated by my observations and experiences. Presently, I present a more assertive notion. My assessment indicates the emergence of a 4th wave pattern resembling a double zigzag pattern. The confirmation for trading lies in the conservative breach of the wave X price of this pattern. I recommend considering the price action in conjunction with the formation of the impulse pattern, as well as the development of any corrective pattern. This strategy aligns with a bullish market trend. Wishing you success in your endeavors.by mehdi47abbasi792210
Germany 30 Sell I sell the Germany 30. Sl and Tp on the chart. Now i just wait and see! Shortby Msandroid0
London Session Recap - UK100UK100 Trend Retracement Setup Took only 1 trade in London02:08by nohypetrader4
DAX (GER30)I think the area marked in the picture is a very good place for selling. The rand number of 18,000.0 and the resistance zone will probably cause a good fall. What do you think about this idea?Shortby Trading-House2
Kommt jetzt der Impuls nach oben??Der DAX dürfte die Korrektur beendet haben und sollte jetzt einen neuen 5er Impuls nach oben aufbauen - das Erreichen der 19000 in den nächsten Wochen sollte kein Problem sein!?Longby RainerDaxerDemo2
Dax - the Corrective Big PictureAll markets experienced Bedlam. Yesterday. It happens and provides opportunity. Surely the market can't go lower ? In the last 5 years there have been Corrective retracements in the current Bull Cycle, two of which were Bear Markets. Given the current downturn is only 10.5% , there is room for further downside. On a daily basis, yesterday was the highest volume in 2 years. But on a monthly basis, we can see the Volume is anemic. Buyers remain on the sidelines for now. by Umlingo0
German DAX - More Downside Potential From Here?Germany's DAX index has broken down definitively from its 4-month symmetrical triangle pattern, hinting at a potential "measured move" decline toward the mid-16,000s next. So far, the index has dropped sharply over the last 3 days to hit the 38.2% Fibonacci retracement of the rally off the November low near 17,250. A near-term bounce off this support level wouldn't be surprising, but as it stands, the index may have more near-term potential for downside from here. -MWby FOREXcom1
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. NOTE: These charts use the ‘Pro Trading Tools’ available on the SpreadEx trading platform. To use them, log in to your SpreadEx Financials Account and click ‘Technical’ from the menu on any chart. *KEY Trend direction is set by the slope of the VWAP over 50 periods Trend 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 has transitioned to a bearish trend and is now in an impulsive phase, with the price decreasing to 17,264, below the VWAP of 18,293. Support has adjusted to 17,544, while resistance has increased to 19,041. The RSI has decreased significantly to 26, indicating strong bearish momentum compared to the previous report. UK 100 has shifted to a bearish trend and is in an impulsive phase, with the price decreasing to 7,999, now below the big 8000 level and the VWAP of 8,221. Support has adjusted to 8,055, while resistance has increased to 8,387. The RSI has decreased to 34, reflecting a significant reduction in bullish momentum. Wall Street remains in a bullish trend but has entered a corrective phase, with the price decreasing to 39,137, now below the VWAP of 40,451. This correction could swiftly turn into a new bearish trend. Support and resistance levels have adjusted to 39,433 and 41,470, respectively. The RSI has decreased to 37, indicating fresh bearish momentum. Brent Crude is now at new lows for the year in a new bearish trend and in a short-term bearish impulsive phase, with the price decreasing further to 75.73, now below the VWAP of 81.08. Support has adjusted lower to 75.74, while resistance has increased to 86.18. The RSI has decreased to 29, indicating a lack of strong bullish momentum. Gold looks to be transitioning into a bearish trend with a steep correction of its long-running uptrend, with the price gapping down to 2,385, below the VWAP of 2,415. Support has adjusted lower to 2,358, while resistance has increased to 2,473. The RSI has dropped to 46, indicating a switch from bullish to bearish momentum. EUR/USD remains in a bullish trend and has entered an impulsive phase, with the price increasing to 1.0962, now above the VWAP of 1.0872. Support has adjusted lower to 1.0785, while resistance has increased to 1.0962. The RSI has increased significantly to 65, indicating strong bullish momentum. GBP/USD remains in a bullish trend but continues in a corrective phase, with the price slightly decreasing to 1.2787, now below the VWAP of 1.2888. Support has adjusted higher to 1.2744, and resistance has decreased slightly to 1.3031. The RSI has decreased to 43, indicating reduced bullish momentum. USD/JPY has shifted to a bearish trend and remains in an impulsive phase, with the price decreasing significantly to 142.24, now below the VWAP of 153.94. Support has adjusted higher to 144.86, while resistance has increased to 163.03. The RSI has decreased sharply to 10, reflecting a significant reduction in bullish momentum compared to the previous report. by Spreadex0
Dax 2011 vs 2024Dax 2011 vs 2024 - We have seen a top-formation, a classical head & shoulders - will the history repeat itself? The charts are really very similar...beware :-)Shortby The_CannalystUpdated 2
DAX 40 VSA UpdateLook at the rally from the recent Swing Low. You will see high volume candles (yellow) and ultra high volume candles (red) , but look at the size of the candle bodies (Spread). The buyers have pushed, but the Sellers have exerted equal pressure. So for maximal effort , there is no result. When there is a divergence of price and volume, there will be a give. Short bias.Shortby Umlingo2
Buy ger40 set up Looking for the market to close back inside the zone. once price closes back in the zone this will be the set up im looking forLongby Abeshaw4