DAX up until yield curve reverses upwardSurrounded by bears > i thought I'd post a bullish view.
On the weekly chart SMA 7, 20, 50 & EMA 200 all pointing up...
SMA 50 about non crossing EMA 200 will be the confirmation the trend i snot over... we'll see end of week with NFP.
If bull is confirmed Targets are on chart... Estimated ATH summer/sept 2023
Red line invalidate the concept !
DAX-30
DAX Idea H1Here is my view for DAX on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
$GER30 breakout triangleGer 30 looking fresh regarding to TA. It’s drawn an ascending triangle which also comes in symmetry to the right. Placing longs with a tight stop right here
DAX | DAX Index Forecast Based on the Order BlocksDAX | DAX Index Forecast Based on the Order Blocks Trading Strategy
German 30 - 1:1.9 RROANDA:DE30EUR
As usual use a tight SL if you want to adapt my idea.
Market is gonna retest the breakout area. That your snipper right there.
Happy Pips,
PPPDirhams
DAX - Will we see further decline?DE30 - Will we see further decline?
Technical aspects:
Pattern: Wedge / Bear flag
Support: 15227, 15177, 15127
Resistance: 15333, 15370, 15415
I've been short since early this morning, taken 70% profits off - I will be eyeing the price action throughout the days ahead.
Could wait for the break out and trade the pull back (retest) then trade the direction confirmation.
Yes, I've changed the colour scheme and trying to make it as simple as possible for you to understand - I do tend to switch colour schemes up on my trading platforms I use as time goes by!
Trade Journal
(Just a trade idea, not a recommendation)
DAX30 Hello Traders,
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DAX30 - TRIANGLEDAX30 - Creating triangle.
Long from: 12420-12430
TP1 : 12500
TP2 : 12550
TP3. : 12600
SL: 12200
dax is forming a complex correction, dax kompleks bir duzeltmededax is heading to end of a correction and we may have a great trade opportunity for R/R if the setup plays out.
dax kompleks bir duzeltmenin sonuna dogru yaklasmakta, plan islerse kar/zarar orani cok yuksek bir ticaretimiz olabilir.
DAX . GER30A stable rising trendline gives a fair probability to buy Dax for the rest of the day. Use low risk because its a risky trade.
LHA, Lufthansa Note the square, Fibonacci 0.78 reman as strong support. Black lines are multi-year significant levels and will be crucial for my next trade. According to RSI, we can see some future drop coming in.
That is the case if values continue to move in 45-25 range.
After all, the dividend is OK, so some long is not so bad to have.
DAX LONG The Dax start to regain some strength , probability of outbreak to the north of 11366 to fill the gap
#Dax Signal H1Our signal for the DAX is BUY, we are believe the resistance will fall soon! and the Dax will continue a short UP trend and will follow the American indexes!
DAX - Completed a Head and Shoulder on the weekly timeframe The DAX has broken the H & S neckline as well as the 200 MA on the weekly timeframe. It is potentially heading to the 10000 area but will the trendline hold and produce a bounce. This is not trading or investment advice but my personal opinion.
DAX change of a trendI expected DAX to get to the end of a bullish trend a while ago but didnt happen. now we are on the verge of a bearish trend and candles confirms that with daily candle closed below lmwa10. SL is above recent high at around 13105 and first take profit target 12670 and second at 12380.
Hit and RunGood morning traders. Bulls in power, but they need to rest soon. 2 things 2 watch - 1 - 12335 - if breaks and hold we continue up. 2 - us market. if continue high then daxi will follow
Enjoy the ride.
DAX Taking Profit time... But no "big short" for now (later)Just as american indices the Elliott count suggests that the "big short" is coming a bit later ! Anyway there's no point buying the current prices either.. Buyers must get out here and wait for better prices to come back in for the last ( III ) wave before we get to reach the final supercycle count.. Which will mean that we will finally be able to get that supposed "big short" trade ! At least a low risk level to try it out !
Anyhow for the moment it's time to eventually short for a daily/weekly retracement and the signal should be coming pretty soon.
waitting chance to long Ger30/DAX30because of last European central bank rate decision. The up channel of DAX30 has been break out . looking for further down side until 9200 . Personally i will long DAX 30 around 9220 and the target would be 9482 .
