Germany's DAX Threatening Big Break Below Trend SupportGermany's DAX index has had a solid 2024 so far, but the shine may be coming off the bullish technicals as we head into the second half of the year. After hitting a record high near 19K in May, the index has seen its gains stall out. Prices retreated to bullish trend line support in mid-June, and with bulls failing to drive a convincing bounce off that level, the DAX is now at risk of a bearish breakdown below that level of dynamic support. A breakdown could target the March/April closing lows in the 17.7K zone next.by FOREXcom3
GER30 H4 | Potential bullish reversalGER30 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 18,050.68 which is a pullback support. Stop loss is at 17,900.00 which is a level that lies underneath a multi-swing-low support and the 127.2% Fibonacci extension level. Take profit is at 18,370.11 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement 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. 73% 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.Long03:22by FXCM6
De30German markert de30 bullish pattern show on my analysis, what do u think guys . If my analysis good hit like button & follow for more analysis, Long term trade sl move down. Longby go4mudi2
De30 German markert de30 bullish pattern show on my analysis, what do u think guys . If my analysis good hit like button & follow for more analysis,Longby go4mudi6
2024-07-01 - priceactiontds - daily update - daxGood Evening and I hope you are well. dax comment: Funny thing for me is the fact that ath to June high is about 200 points, June to July high now is about 200 and low of the week was 200 points below that. Markets eh. 4h chart tells it the best I think. Market touched the big bear trend line from ath and was rejected heavily. Bulls have going for them that the higher lows getting higher and the trend lines steeper. Means we are forming multiple triangles, which confirms the obvious trading range. Breakout this week. Buckle. Up. current market cycle: trading range key levels: 18400 - 18632 bull case: Bulls making higher lows but every high is sold big time. Only questions imo is, when will they give up? By not with every 1h bar it get’s more obvious that this bull trend is on it’s last legs and if you bought longer term above 18000, you are not happy with the bear trend line. Higher high above 18600 was unexpected somewhat but turned where it had to. Bulls need a strong daily close above 18600 to make bears nervous. I expect another try at 18600 tomorrow or Wednesday. Invalidation is below 18400. bear case: Bears trapped bulls buying above 18500 but the sell off afterwards was not deep enough to make a good bear case out of this. Bears need start making lower lows and closing the bull gap to 18400 with a bear bar closing on its low. Invalidation is above 18632 or a 1h close above the bear trend line. short term: Neutral but if bulls manage to get a 1h close above the bear trend line, it could go much higher much faster. 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. —unchanged current swing trade: None trade of the day: Buy low, sell high and scalp. Best trade was shorting against the bear trend line 18600.by priceactiontds0
Germany 30 SellI sell the breakout. Target and stoploss on the chart. Now i wait and seeShortby Msandroid116
Dax 40 bullish Bulls are to take control of of the market in the near future if bears fails to drive the below the trendlines which marks major reaction zoneLongby bensiyabulela1232
DAX to find support market price?DE30EUR - 24h expiry Our bespoke resistance of 18366 has been clearly broken. Previous resistance at 18325 now becomes support. Preferred trade is to buy on dips. The primary trend remains bullish. Price action continues to trade around significant highs. We look to Buy at 18325 (stop at 18215) Our profit targets will be 18565 and 18635 Resistance: 18446 / 18500 / 18600 Support: 18325 / 18200 / 18100 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 OANDA4
Germany 30Pair : Germany 30 Index DE30EUR Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Fibonacci Level - 38.20% Exp Fiat in Short Time Frameby ForexDetective7
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. *KEY Trend direction is set by the slope of the VWAP Trend phase is determined by the current price relative to the VWAP (20) level 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 remains inside a tight sideways consolidation of its broader bullish trend, with the price increasing to 18,306, now below the VWAP of 18,240. Support and resistance levels have adjusted to 17,920 and 18,571, respectively. The RSI has increased to 49, indicating a slight moderation in upside momentum compared to the previous report. UK 100 remains in the consolidation phase of a bullish trend, with the price increasing towards the June lows, and still below the VWAP of 8,195.2. Support has adjusted to 8,126, while resistance has decreased to 8,275. The RSI has decreased to 46, reflecting a moderation in momentum compared to the previous report. Wall Street has made significant upside progress in the past 3 months - moving into a bullish consolidation phase, with the price recently increasing to 39,168, now above the VWAP of 38,925. Support and resistance levels have adjusted to 38,422 and 39,428, respectively. The RSI has decreased to 55, signaling a slight decrease in bullish momentum compared to the previous report. Brent Crude has transitioned into a bullish trend and continues in an impulsive phase, with the price increasing to 85.43, now above the VWAP of 83.53. Support has adjusted higher to 80.24, while resistance has increased to 86.82. The RSI remains at 60, indicating a continuation of strong bullish momentum compared to the previous report. Gold remains in a bullish trend trading sideways in a neutral consolidation since topping in mid-April, with the price recently increasing to 2,326, now around the previous VWAP of 2,325. Support has adjusted higher to 2,294, while resistance has decreased to 2,348. The RSI remains at 49, indicating a continuation of moderate momentum compared to the previous report. EUR/USD remains broadly trendless with the price more recently increasing to 1.0755, now slightly above the VWAP of 1.0729 - and indicating a possible new phase of weakness. Support has adjusted higher to 1.0664, while resistance has decreased to 1.0793. The RSI has increased to 51, indicating a reduction in bearish pressure compared to the previous report. GBP/USD remains in a neutral trend in a consolidation phase, with the price slightly increasing to 1.2669, now around the VWAP of 1.2690. Support has adjusted lower to 1.2600, and resistance has decreased to 1.2781. The RSI has increased to 47, indicating a moderation of bearish sentiment compared to the previous report. USD/JPY remains in a bullish trend - having overcome the late April peak - and has just reentered an impulsive phase, with the price increasing slightly to 161.01, now above the previous VWAP of 158.59. Support has adjusted higher to 155.47, while resistance has increased to 161.72. The RSI has increased to 77, reflecting a strong increase in bullish momentum compared to the previous report. by Spreadex1
Ger40 sellGer40 sell analysis got successful move towars sell side What a move 👏 130 pips profit running 🏃♀️ I'm the best analyst in the field Thanks to the followers Shortby DNA_Trader_Officials5
DAX**DAX:** This week's forecast is for the price to rise to the top of the channel.Longby MarQ_Capital_LTD1
GERMANY 30 / 40 Bullish Money Heist Plan Trade setupMy Dear Robbers / Traders, This is our master plan to Heist DE30/GERMANY 30/40 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Stop Loss: Recent Swing Low using 4h timeframe Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everydayLongby Thief_TraderUpdated 2
GER30We looking for selling opportunities as we under the resistance zone which will result in sells since we are at the ceiling zone and the market is respecting it- 1H TIME FRAMEShortby officialpotego_fx3