DAX March 2023Should be a good decade for DAX after the likely breakout of this multi year rangeby NeonUpdated 9
DAX may have some more upsideGerman DAX has pulled back to the 50d sma and 38% retrace of the move up of the last few months (since last time it touched 50d sma). Looks like we may get another leg higher despite the clear lack of supportive fundamentals/geopolitics. Think we see 18600-19000 before a bigger effort to correct. Long 17800 tgt 18800 wroong below 17400.by WVS_StockscreenUpdated 2
GER30 IS STILL PLAYINGOUT AS I PREDICTEDHighlights : German 30 index Prediction : Bullish Longevity : 3 weeks Targets : PSTG 1 & 2 Rejection Zone hit : 100% Retest and hit more than two times Current Situation: Waiting for PSTG 2 to be hit, then, again, waiting for the pattern to be complete. Longby Themba_PM1
#DAX at a record ALL TIME HIGHand Yet this move is far from over My final log target is still 8000 points away. We are witnessing #Fiat melt away in front of our eyes. Are you actually making money is the real question? #gold #silver #bitcoin Longby BallaJiUpdated 4
DE40 is showing crab pattern.DE40 chart is showing completion of crab pattern. With the help of crab pattern we have identified the PRZ at which we can observe divergence which is also indication of trend reversal so we can take entry at the break of previous HL.Shortby abubakerkhushi1
GER40Selling Ger40. this is an extreme trade idea please do not take it unless you understand the logic. looks great to me for a setup to the downside . lets see whow this plays out Shortby Ntshingila17
DAX H4 | Bullish momentum to extend?The DAX (GER30) could fall towards a pullback support and potentially bounce off this level to climb higher to extend the bullish momentum. Buy entry is at 18,486.50 which is a pullback support. Stop loss is at 18,400.00 which is a level that lies underneath a pullback support. Take profit is at 18,711.28 which is a resistance that aligns with the 100.0% Fibonacci projection level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Longby FXCM0
GER40 /German 40 Index - Near To a Strong Resistance ZoneGER40 /German 40 Index - Near To a Strong Resistance Zone Ger40 is testing a strong monthly zone increasing the chances of a bearish correction over the next few days. It is a very risky trade as we still do not have any clear confirmation. However, given the importance of this area, it is likely that the bears may rise in number by pushing the price down. Usually, this is an area of high importance because the bulls take the profits and the bears begin to sell. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Shortby KlejdiCuni8818
DAX40 - Short PotentialDAX40 H4 Something new added to the watchlist here as we see DAX40 index fund trading around ATH price. This ATH price also ties in nicely with our 18500 psychological price. A good area of confluence. We have also extended in excess of 600 points to the upside, without any real corrective play. Eyes peeled for some price action exhaustion around this price.Shortby Trade_Simple_FX4
Heading into pullback resistance?DAX 40 (DE40) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support level. Pivot: 18,539.83 1st Support: 18,239.12 1st Resistance: 18,700.00 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.DShortby ICmarkets6
GER40FT Bollinger Bands Brakeout Technical Analysis for GER40 (DAX/GER40) Bollinger Bands Breakout: The GER40 (DAX/GER40) is showing signs of a potential breakout from the Bollinger Bands, indicating increased volatility and potential trading opportunities. Key Levels: Resistance: The resistance level is identified at 18832.01. This level represents a price point where the upward movement of GER40 may encounter selling pressure or face resistance. Support: The support level is noted at 17962.2. This level indicates a price point where the downward movement of GER40 may find buying interest or support. Buy Entry: Traders may consider entering a long position in GER40 as it breaks out above the upper Bollinger Band. A buy entry could be initiated once the price convincingly breaks above the upper band, confirming bullish momentum. Confirmation from other technical indicators or price action signals could further strengthen the buy signal. GLongby Michaelir99c2
Continuation of bullish scenario for the fifth waveEsteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules. As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy. I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision. For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea. My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace. I express my gratitude for your continued support and kindness, and welcome your comments and critiques. May my analysis be a valuable asset to your business journey, and I remain sincerely yours, Mr. Nobody Longby mehdi47abbasi792211
a long on Ger30Following a triangle set, and also having a positive correlation with Nas100, there is an opportunity for price to continue towards the upside.GLongby Rudo_Planet9030
2024-05-06 - a daily price action after hour update - dax overall market comment I was clearly wrong with the bearish reading and bulls got another strong day and closed at the highs. Strong buying signal going into tomorrow for at least a bit more upside but we got so far, there is no reason why can’t make another couple of points to retest the all time highs now, where I expect sellers to step up again and bulls to take profits. dax comment: Bear channel clearly broken, no ifs and buts anymore. current market cycle: trading range key levels: 18000 - 18836 bull case: Bulls got it. Measured move target from the big bull spike from EU open is around 18500. Bulls next target is 18400 and if bears do not come out guns blazing tomorrow, we will print 18500 with ease. Invalid below 18250. bear case: Bears nowhere to be seen and it’s unreasonable to think they will just show up tomorrow and begin a sell-off. The best they can hope for is to stop the rally at 18400 and transition into a trading range 18300 - 18400 until bulls begin to take profits again. They have a very slight chance of 18420 begin bigger resistance because that was last weeks high and there are many trapped bulls who could gladly sell out of their positions but that’s a weak argument at best. short term: Sideways to up medium-long term: My long term outlook stays bearish and I expect at least a -20% correction in 2024. Medium term is 17100 while I think we can touch the big bull trend line starting 2022-10 around 16700 in 2024. trade of the day: Just long from EU open. No bear bar in sight. Can close longs after bar 49 but you have to get long again on bar 55 because 52,53,54 showed a clear support level and 54 closed on it’s high and 55 was follow through which broke above the 15m 20ema and market never touched it again until US close. Longby priceactiontds1
Falling to 38.2% Fibonacci supportThe DAX (DE40) could fall towards the pivot which has been identified as a pullback support. Could this index potentially bounce off this level to rise towards the 1st resistance? Pivot: 17,737.30 1st Support: 17,004.20 1st Resistance: 18,534.90 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.DLongby ICmarkets4
DE40 - LongIf risk sentiment improves we can see more upside for the dax. We have BOE rate decision this week that migh affect the trade. I market the potential profit taking levels at session highs. Have a great week!Longby Vitezabraham665
GOLD CUP & HANDLEHey there, a CUP & HANDLE is forming up, which could lead GOLD into a downtrend (since the CUP formed already). If you are new to this, feel free to check out my Videos and charts about Cup $ Handle, which are explanationary and educating. In addition to the overall fear and uncertainity in the markets, especially with an eye on corona virus, people are panicking all around. To be honest, it a bloodbath right now...and even Gold can fall pretty hard (as you can see in 2008 financial crisis, where it dumped about 40% as well) Be careful with your funds, I personnaly "average in" a little every month, sometimes I fill my bags when we drop for 10-20$ which happens these days... This is a short update on Gold, happy trading and have a nice day, your quality-traderLongby GER-Quality-TradesUpdated 9
30 YEARS OF DAXHello there, let´s keep this short! I observed higher lows, while the Relative strength of the market shows Higher Low´s as well! This is actually a good sign and looking through my binocular, the coming decade looks pretty bright to me! We have a huge dip of 35%, triggered by the corona virus covid-19. The financial crisis is here and it harms economy, global logistic und production foundation. Therefore producers won´t sell their stuff, people won´t buy and the goverments will earn less taxes, which results in public turmoil! We will manage this as societies, but hard times in the short term (coming months and years). Anyway, technically this recovery mode is neccesarry, since we note a huge Bullmarket since the 2008/09 crash! Higher Lows while RSI shows higher Lows as well, which is-technically seen- a bullish sign! by GER-Quality-TradesUpdated 117
DAX 40 : HAS THE CORRECTION ENDED?- The market has been trading below a bearish trendline in the first part of April, correcting the rally started at the beginning of 2024. The short-term trend was then bearish. - More recently, and since the impact over 17,480pts (50% Fibonacci), the German index has invalidated its short-term bearish trend. The market has registered a sharp rebound leading prices to the 38.2% Fibonacci projection just below 18,300pts. Since then, the market has been trading sideways between 18,300pts and 17,900pts, the first available support. Both moving averages are flat, while the Stochastic indicator has just given a bullish signal. - The is seen as a rebound situation. The sharp bullish price action spotted above the 50% Fibonacci level may indicate the short-term bearish correction is over and that the market is ready for new highs. A clearing of the 18,300.0pts level would unlock new targets towards 18,555pts, 18,823pts and 19,200pts by extension. On the other hand, a break-out below 17,900pts would invalidate this scenario. Pierre Veyret, Technical Analyst at ActivTrades. The information provided does not constitute investment research. The material has no been prepared in accordance with the legal requirements designed to promote the independence of investment research and such is to be considered to be a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.Gby ActivTrades2
Does the German market need correction?📊 In 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 is broken and the price stabilizes below the range of 17,900 units, there is a possibility of the price falling to the range of 17,750 units🎯🎯, and in case of strength, there is a range of 17,550 units🎯. 📊 Otherwise, the possibility of price increase up to the range of 18100 units.Shortby arongroups12
ICT Long Setup DE40 Session Trade/ Day trade👋Hello Traders, Our 🖥️ AI system detected that there is an ICT Long setup in DE40 for scalping, Please refer to the details Stop loss, Demand Zone(Buy Zone), TP 1 and TP2 for take profit. For more ideas, you are welcome to visit our profile in tradingview. If the price had hit the TP2 when you see this idea, please wait for next idea. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!Longby ICT_Trader_SB331
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. Trend direction is set by the slope of the VWAP Trend phase is determined by the current price relative to the VWAP (20) level and Elliot waves 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 shifted from an impulsive to a corrective phase over the past week, with the price rising to 18,229, now above the previous VWAP of 17,957. Support and resistance levels have shifted to 17,588 and 18,325, respectively. The RSI has increased significantly to 58, indicating a moderation of the previously strong bearish sentiment. UK 100 has changed trend from neutral to bullish and moved into an impulsive phase, with a notable increase in price to 8,189, positioning it well above the VWAP of 7,955. Support has moved to 7,748, and resistance has adjusted to 8,161. The RSI has increased to 72, reflecting a strong build-up of bullish sentiment. Wall Street has transitioned from an impulsive to a corrective phase despite the price slightly increasing to 38,353, which is just above the VWAP of 38,193. The support and resistance levels have also been updated to 37,444 and 38,943, respectively. The RSI has risen to 48, signalling a lessening of bearish momentum. Brent Crude has switched from a bullish to a bearish trend and entered an impulsive phase. The price has risen to 87.55, yet it remains below the VWAP of 88.37. Support and resistance levels have slightly adjusted to 85.50 and 91.23, respectively. The RSI has balanced to 50, marking a significant cooling of previous bullish momentum. Gold continues in a bullish trend but has transitioned from an impulsive to a corrective phase, with the price slightly decreasing to 2,331, below the VWAP of 2,351. Support has moved down to 2,300, with resistance now at 2,401. The RSI has decreased to 54, reflecting a slight cooling in bullish sentiment. EUR/USD remains bearish but has shifted from an impulsive to a corrective phase, with the price improving to 1.0724, above the VWAP of 1.0706. The support level has been minimally adjusted to 1.0561, and resistance is now at 1.0850. The RSI has increased to 49, indicating a softening of the bearish pressure. GBP/USD has remained bearish but transitioned to a corrective phase, with the price increasing to 1.2532, now above the VWAP of 1.2492. Support has been adjusted to 1.2314, and resistance is now at 1.2670. The RSI has risen to 51, signalling a slight easing of bearish momentum. USD/JPY continues its bullish trend and remains in an impulsive phase, with the price rising significantly to 156.97, now well above the VWAP of 154.23. Support and resistance have been adjusted to 150.58 and 157.88, respectively. The RSI has maintained a high level at 72, indicating sustained bullish momentum. by Spreadex1
germany 30Pair : Germany 30 Index Description : Symmetrical Triangle as an Corrective Pattern in Long Time Frame and Rejection from Upper Trend Line RSI - Divergence Break of Structure Impulse Correction " AB " Fibonacci Level - 61.80%by ForexDetective6