GER30 OVERVIEWThis week we looking to clear up the buys🐮 before we can continue with the our down trend for retest 🐻GShortby wealthsmith230
DAX Elliott Wave Analysis for Monday 09/10/2023 (+ Higher TF)In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (2) correction can be finished. If the upward move fails, several bearish scenarios can be considered.16:49by AndyCuckoo0
GER30 - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on GER30. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to go a little bit higher to fill the imbalance and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSD11
DAX Analysis- W1->H1 by a Certified Financial Technical Analyst📈📍Weekly is in a Downtrend with a Lower Highs and Lower Lows series. 📈📍Daily still in a downtrend but with a bullish Engulfing Reversal Price Action- As Daily is down, we will still be looking for shorts- for swing trading, However, 📈📍 Hourly turned upwards with a solid, valid breakout, creating a new market structure with HH, and we are waiting to form the new HL. There is room for the price to move until the next area or resistance, and on the lower time frame, scalping strategies may be applied. To align with the Daily direction, we want to see the Hourly Chart to create a reversal price action and bearish reversal divergence in the RSI from an area of Daily Resistance. 💬 please let me know your thoughts and your thinking process by MarketMindsMastery1
DAX Elliott Wave Analysis for Friday 06/10/2023There are some signs in favor of a reversal which means that the corrective WXY structure down can be finished. However, at this moment, we are still bearish in the daily and the weekly timeframe.06:50by AndyCuckoo0
05102023 - #DAXMarket made a nice bullish reversal candle yesterday when all are bearish, and this was as per plan (). IMO, price action is bullish vs price is still below the DBZ. But I would go for the move higher from here. Looking for PZ to hold and a move to target 15320. I will not discount the possibility of price reacting against the DBZ and a down move first (to 15002) but overall, looking for a move to 15236 minimally and 15320 likely, before any strong reaction from sellers.by FadeMeIfYouCan0
DAX Elliott Wave Analysis for Thursday 05/10/2023There are some signs in favor of a reversal which means that the corrective WXY structure down can be finished. However, at this moment, we are still bearish in the daily and the weekly timeframe.12:15by AndyCuckoo0
DAX: Channel Down bottom buy to 15,500.DAX touched the bottom of the Channel Down today and immediately reacted positively. The 1D timeframe is bearish technically (RSI = 33.050, MACD = -53.850, ADX = 44.059) but the RSI double bottomed inside a Zone same way it did on the August 18th LL. We are long, aiming at a +3.73% rise (same as August) as so far the bearish legs at least have been symmetrical. We may see a 1D MA50 test there (TP = 15,500). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope449
combined result of -0.55Here I will document my trades to keep track of them and ask you to comment. The trades are based on a spreadsheet that combines common trading approaches. In the next posts I will explain them in detail. At the moment I have a combined result of -0.55. That triggers a signal short. Signal -0.55 DAX/FDAX Short 16100Shortby FranzFromBavariaUpdated 1
combined result of -0.63Here I will document my trades to keep track of them and ask you to comment. The trades are based on a spreadsheet that combines common trading approaches. In the next posts I will explain them in detail. At the moment I have a combined result of -0.63. That triggers a signal short. Signal -0.63 DAX/FDAX Short 16100/16200 Shortby FranzFromBavariaUpdated 12
TA for; GER 30 nowAssessment; BULLISH FLAG BREAKOUT This Technical Analysis is powered by FIGO TRADER ®GLongby figo_trader0
#DAX to correct----------DAX LONG--------- I went long on DAX German 40 index this morning as I expect a correction from current levels. Not a reversal yet but still a good looking trade this morning. This is not a financial advice. Do your own research and analysis. Longby SzuperpotykaUpdated 0
DAX Elliott Wave Analysis for Wednesday 04/10/2023As expected we are seeing further downside as a wave ((v)). There are some signs in favor of a reversal which means that the corrective WXY structure down can be finished. However, at this moment, we are still bearish in the daily and the weekly timeframe.07:45by AndyCuckoo1
GER30 H4 | Bullish reversal off major support?Price is approaching our buy entry at 15145.5, which is a key support level. We are expecting a bounce from our buy entry to the upside. Our stop loss is at 15053.8, which is a swing low support level. Take profit is at 15288.1, which is a pullback resistance level, slightly below the 50% fibo retracement and 61.8% fibo projection. 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. Forex Capital Markets Limited (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 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. 74% 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. FXCM Australia 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. Long04:04by FXCM2
DE30EUR looking to sell into ralliesDE30EUR - Intraday Broken out of the Head and Shoulders formation to the downside. Neckline resistance 15450. The bearish engulfing candle on the daily chart is negative for sentiment. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 15298, resulting in improved risk/reward. News events could adversley affect the short term technical picture. We look to Sell at 15298 (stop at 15366) Our profit targets will be 15141 and 15001 Resistance: 15298 / 15480 / 15519 Support: 15166 / 15000 / 14804 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.Shortby OANDA1
DAX Elliott Wave Analysis for Tuesday 03/10/2023As expected we are seeing further downside as a wave ((v)). There are some signs in favor of a reversal which means that the corrective WXY structure down can be finished. However, at this moment, we are still bearish in every timeframe.10:01by AndyCuckoo1
Germany30 03/10 MovePair : DE30EUR ( Germany30 ) Description : Impulse and Correction Completed in a Corrective Pattern " Symmetrical Triangle " in Short Time Frame and it has breakout the Lower Trend Line and Completed the Retracement. We have Break of Structure and Divergenceby ForexDetective3
03102023 - #DAXI was bearish DAX yesterday () despite the opening gap up and it played out well; market played out almost as per the path, coming down to bottom of PZ, rallied up to above double resistance before a sell down. Probably, what is somewhat surprising is that, despite the up move in SPX (led by NDX, DJIA was weak) DAX was much weak too. Overall, I would say that DAX is weak. And if we are looking at price action, what happened is, price sold off rather deeply, hit the bottom of the Bollinger Band for days, then found support, rallied for 1-2 days, found sellers and sold back down, with space now for further down side. But again, I would say that the speed of the sell down is a bit too steep; yesterday's down move brought price directly back to the bottom of the Bollinger Band again, in which, having another bounce is not surprising. And also, one thing to note is, sellers have yet been able to bring DAX below last week's low though. For today, if following the trend, I would say to continue to look for downside with bearish price action and the zones above as resistance. 15282 should be a good max level to look for short for a move to 14986 strong support and 14900. If 14900 trades, will be glad to look for longs for a good bounce.Shortby FadeMeIfYouCan1
TA for; GER30Assessment: BEARISH WEDGE This technical analysis is powered by FIGO TRADER® - The pinnacle of trade NB: For best results, ENTRY should be executed at the breakout of chart pattern.GShortby figo_trader0
$DAX fifth wave extension higher could beginXETR:DAX is extending higher and we expect fourth wave to be finished with a wedge break above 1560004:23by ewaction4
DAX Bearish Bias! Sell! Hello,Traders! DAX looks bearish because The index is now retesting A broken key level of 15,500 Which is now a resistance So I think that we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals224
DAX TRADING OPPORTUNITY Following the Downtrend on the DAX, price made a lower high and lower low creating a new Market Structure. Digging into the volume-candle analysis the upward move from Wednesday to Friday last week, created under light volume and small range candles. Showing the potential downtrend continuation. Price rejection on Friday below the 50% fib reveals the strength of the bears in the DAX. considering the LHLL and the RSI below 50, both indicated bearishness. On this time frame. If price continues moving lower there is a key level of Support S1 found around 15143 and if price continues lower the next Key Support found at S2 around 15022. Pay attention to this , it is just above the round number 15000. In case the price continues moving upwards, there is a strong Resistance found at R2 that is in between the 50% and 61.8% fib level and this can cause the market to move lower Happy Trading guysShortby MarketMindsMastery5