GER30 Sell a break setup.GER30 - Intraday - We look to Sell a break of 14448 (stop at 14512)
Price action has formed an expanding wedge formation.
The trend of higher intraday lows has also been broken.
Trading within a Bearish Channel formation.
Trend line support is located at 14485.
20 4hour EMA is at 14486.
A break of bespoke support at 14470, and the move lower is already underway.
Our profit targets will be 14269 and 14206
Resistance: 14530 / 14580 / 14600
Support: 14470 / 14400 / 14330
GERMANY 30
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 14611 (stop at 14549)
Price action has formed a bullish ascending triangle formation.
Daily signals are bullish.
We look for gains to be extended today.
A break of yesterdays high would confirm bullish momentum.
Our profit targets will be 14779 and 14862
Resistance: 14600 / 14700 / 14800
Support: 14500 / 14470 / 14000
DE30, Short Idea!GER30 - Vision-
-Price action has formed an ABCD pattern on higher frames.
-RSI is showing a significant sentiment of an overbought market.
-Exhausted bullish momentum is visible near the resistance trend line as well on the MACD and other indicators.
-Bearish Flags / Triangles are movement continuation patterns.
-Consolidation is generally interpreted as market indecisiveness, which ends when the asset's price moves above or below the trading pattern. A consolidation pattern could be broken for several reasons, such as the release of materially important news or the triggering of a succession of limit orders.
-A break of the consolidation on low frames 2h/1h followed by a retest should be considered.
- Target : 14220
Dax Sells now valid....📉🙋🏻♂️🙏Do you trade the Dax?
The long didn't quite hit TP, but closed on reverse signal and followed with the sell (check the trade history below)
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren
DE30 Sell a Break setup.GER30 - Intraday - We look to Sell a break of 14332 (stop at 14401)
Price action has formed an expanding wedge formation.
Short term MACD has turned negative.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
Trend line support is located at 14400.
A break of 14330 is needed to confirm follow through negative momentum.
Our profit targets will be 14124 and 14024
Resistance: 14430 / 14470 / 14500
Support: 14350 / 14300 / 14200
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 14621 (stop at 14559)
Daily signals are bullish.
Price continues to trade within the triangle formation.
A move through bespoke resistance at 14600 and we look for extended gains.
We look for gains to be extended today.
Our profit targets will be 14786 and 14866
Resistance: 14600 / 14700 / 14800
Support: 14520 / 14400 / 14330
DAX - Rounded retest The DAX has broken out of its 5-year long channel, with the last time being early 2018. This time, however, there is substantial support found around the 14150 level. With the ECB speeding up their PEPP in order to quell rising bond yields, the DAX is fundamentally poised to continue moving up.
The ZEW Economic Sentiment comes out on Tuesday, which has previously led to a drop in prices over the following days in the past few months. Eurozone inflation data comes out on Wednesday, with YoY jumping from 0.2% to 1.4% from Jan to Feb. These factors may cause a sell-off into our buy zone around 14150.
The zone is a 4 touch resistance (there wasn't this kind of support in 2018) as well as the 0.618 level. Given there should be some time and space between the break and retest, orders should be built up there. This makes it a perfect level for a reversal/pullback into a continuation.
Entry: 14153
SL: 13953
TP: 14920
Happy trading:) follow for more.
DE30 - Push and SellI want to see a slight push before we sell off aggressively into the target level marked.
I have marked out the level I will be taking partial profits at as well as the SL placement.
dump or pump ?A DE 30 Symmetrical tringle wave is clearly designed. The collapse can occur either between the upper or lower slope axes. The EUR will take on a bearish nature if the pattern breaks the upward slope of the tringle. On the other hand, if the pattern breaks the downward slope of the tringle, the EUR could certainly be subject to strong bull pressure. At this point we need to look carefully at how traders are focusing on the Frankfurt Stock Exchange.
DE30 Sell setup.GER30 - Intraday - We look to Sell at 13909 (stop at 13981)
20 4hour EMA is at 13900.
Short term indicators have turned negative.
Trading close to the psychological 14000 level.
Preferred trade is to sell into rallies.
The previous swing high is located at 13900.
Our profit targets will be 13682 and 13582
Resistance: 13900 / 14000 / 14100
Support: 13800 / 13700 / 13670
DE30 Sell the downtrend.GER30 - Intraday - We look to Sell at 14099 (stop at 14181)
Trend line resistance is located at 14100.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Bespoke resistance is located at 14100.
The trend of higher lows is located at 14100.
Preferred trade is to sell into rallies.
Our profit targets will be 13853 and 13763
Resistance: 14100 / 14160 / 14200
Support: 14000 / 13900 / 13800
GER30 Buy the dipGER30 - Intraday - We look to Buy at 13617 (stop at 13555)
Dips continue to attract buyers.
We look to buy dips.
Pivot support is at 13567.
Dip buying offers good risk/reward.
Our profit targets will be 13803 and 13893
Resistance: 13800 / 13900 / 14000
Support: 13670 / 13600 / 13570
DAX 30 :- DOUBLE TOP AS SELL SIGNAL AND MY TRADING PLANhello traders and investors ,
DAX 30 (German 30) unable to make new high , 14140 is become strong resistance .
as we see double top here it is good sell signal , but we will wait for neck line to break and retest before going short.
with target 13400.
DE30EUR 2021 Feb 22 Week (intraday)
OANDA:DE30EUR
DE30EUR 2021 Feb 22 Week (intraday)
Green/Red zones = preferred entry zone
Since price is in a rotation zone between 13825 - 14190, let's see if this is distribution in progress.
Daily chart shows last bar closing higher than 2nd last bar, and close is above middle of bar shows some demand there.
Scenario1:
H1 shows higher lows. Let's see if it will test 14070 or resistance.
Scenario2:
Market is unable to sustain the H1 uptrend and goes for the immediate support.
Trade with care.
Like and follow if you find this helpful : )
Have a good week ahead.
DE30EUR 2021 Feb 15 Week
OANDA:DE30EUR
DE30EUR 2021 Feb 15Week (Intraday)
Green/Red zones = preferred entry zone
Moving back into a previous supply area
Chart shows diminishing supply, however buy side doesn't have much participation either.
Will follow channel at the moment to buy after price dip.
13925 acts as the immediate guide if market can maintain its strength.
Have a safe and profitable trading week.
GONG HEI FATT CHOI & HAPPY CHINESE NEW YEAR to those who are celebrating!
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DE30 Sell a Break setup.GER30 - Intraday - We look to Sell a break of 13988 (stop at 14066)
Daily signals for sentiment are at overbought extremes.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
A higher correction is expected.
A move through 14000 will confirm the bearish momentum.
Our profit targets will be 13706 and 13616
Resistance: 14100 / 14130 / 14200
Support: 14000 / 13900 / 13800
DE30EUR 2021 Feb 08 Week
OANDA:DE30EUR
DE30EUR 2021 Feb 08 Week (Intraday)
Green/Red zones = preferred entry zone
D1 chart showing weakness
- shortening of thrust observed
- price advancing on decreasing volume
H4 chart similarly showing price advancing on diminishing volume
Also note the narrow range bars as it approaches the high.
if price forces through resistance and show rejection, it will be good opportunity to short.
Else just ride the channel
Remember to follow or like if you find this useful.
Have a safe and profitable trading week ahead.
DE30EUR 2021 Feb 01 Week (intraday)
OANDA:DE30EUR
DE30EUR 2021 Feb 01 Week (Intraday)
Green/Red zones = preferred entry zone
Last week's theme was sell sell sell.
Immediate Resistant = 13568.6 - 13596
Immediate Support = 13307 - 13340
Support1 = 13031.9 - 13056
Support2 = 12855 - 12889
Remember to Like and Follow if you find this helpful.
Have a safe and profitable trading week ahead.
German Stock Index (All Quiet On the Western Front!)View On German Stock Index (22 Jan 2021)
Currently, we are witnessing the strong bullish momentum in German index getting stalled.
Now 14K~14.1K region is acting as a resistant for now.
If the region holds, we may face some pull back region as there will be more bad data popping up in the near future.
13.7K level will be very first immediate support and 13.6K & 13.3K will be the next support regions.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
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Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
alien
DE30EUR 2021 Jan 25 Week
OANDA:DE30EUR
DE30EUR 2021 Jan 25 Week
Green/Red = Preferred entry
Look for entry opportunities in lower timeframe
A = Reversal
B = No result from effort
We may see some weakness.
Immediate Resistance = 13928
Immediate Support = 13843.6
Resistance3 = 14138
Resistance2 = 14044
Resistance1 = 13968
Support1 = 13742 - 13761
Support2 = 13675 - 13696
Support3 = 13569 - 13600
Remember to Like and Follow if you find this useful.
Have a safe and successful trading week