DAX Futures: Broadening + Head & Shoulders + WedgeIt is a small wedge but could confirm the bearish head and shoulders pattern, and thus anticipate the bearish breakout of the Broadening
1/3 position, 0.33%
FDXM1! trade ideas
DAX: “Drop It Like It’s Hot” It seems like DAX has been listening to Snoop Dogg far too much, because it has plunged into the magenta zone between 14392 and 13805 points, as if to say “Drop it like it’s hot”. However, we expect DAX to pop out of the magenta zone again “like it’s hot”. It should then rise back above the support at 14795 points and aim for the resistance at 16295 points from there. Still, a 45% chance remains that DAX could drop below 13805 points instead and fall until the bottom of the turquoise zone between 13951 and 13227 points before making it upwards again.
Russel Leading The DaxIn this update we review the price action in the Dax & the Russell and identify the next high probability trading opportunity and price objectives to target.
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FDAX UpdateSo FDAX did go oversold on RSI, taking US futures with it. Odd that Europe suddenly cares about Ukraine after ignoring it so far. Seems like it should've tanked last week, lol.
Anyways, RSI oversold with positive MFI divergence but at the same time FDAX broke support.
Safe play would be to short the rebound I think, not sure how far up it will go. Market will trade on Ukraine news, gonna be hard to predict.
FDAX not oversold yetI said yesterday not to go long today, I guess I was right.
MFI is oversold on US index futures, but there's still the potential for a gap down Monday, so no long positions for me over the weekend. The other thing that's bothering me is that some stocks have still not filled the gap from Tuesday, stocks that usually fill gaps.
FDAX1! Long : Channel Bouncing The price has been bouncing inside a channel for the past few days (little up and down movements), but now we have a wedge pattern with solid weekly support, and the price has reached the lower bollinger band, indicating that an upwards rise is the most likely possibility. Goodluck.
DAX: Caution – danger of slipping ⚠️Could somebody please hand DAX some chalk? Its damp hands could definitely do with a bit more grip over here. On its way to the resistance at 15711 points, the index has slipped off again, but luckily did not fall too deep. Right now, it has already picked itself up from the upper edge of the white zone between 15282 and 14933 points, trying to normalize its accelerated heart rate. We expect DAX to recover further and to continue its ascent. If it manages to climb above the resistance at 15711 points, it should rise even farther up to 16295 points.
If DAX loses its strength though, and tumbles below 14829 points, there is a 40% chance that it could make a detour through the magenta-colored zone between 14392 and 13805 points before hauling itself up above 14829 points again and resuming the upwards movement.
DAX 4hour :we must put buystop above high ,buylimit above greenmy 7 days ago buy in low still is open ,my target is 16000
buylimit must be above EMA200 1hour ok?
use low size and 100% put SL shown in above chart and wait near 8 day , dont close buy sooner than 16000(after +80 point , move sl to open price, then wait dax go up
dax in way to 16500
keep monitor AC accelator occilator in 30-240min chart
good luck
we must put buystop above red line near 15260if low not break(need big bad news) , we will see very powerfull + up trend soon ,so dont fear looking for buy on dax but very low size and SL in low or day low ,then wait 7-10 day (dont close soon , after 80 point profit,move SL to open price,let it go minimum to fibo 61% =15740
dax can create + butterfly pattern too
good luck
on dax watching and monitor 8month AC accelator occilator in 30min and 4hour chart , you must find its secrets and reactions( 90% of pro dax trader use AC on dax specialy AC on 4hour )
FDAX OversoldFDAX hit oversold on RSI and MFI as I predicted a few days ago (pretty good heh?)
Took out the AMZN pump, lol.
Anyways, oversold now, so good chance of a gap up next week. Only bear scenario is if Putin is crazy enough to invade Ukraine. Very doubtful that he's that stupid, but dumber things have happened in history. Hey, let's bomb Pearl Harbor, lol.
German DAX just lile Nasdaq had a DOJI REVERSALIn the past these signals tiggered moves to the prior swing low. But keeping the 2020 crash in mind it could go lower
So there are 3 Targets for this short trade:
Limit exit order at prior low
Trailing stop above prior days low
and the exit at 14000 in case of a crash
