Selling Ger40. this is an extreme trade idea please do not take it unless you understand the logic. looks great to me for a setup to the downside . lets see whow this plays out
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
Price has finally broken a W CONSOLIDATION ZONE that started on 12/4/23. Looking for price to retest the consolidation zone + the mid point of the bullish M channel and then continue bullish.
German DAX has pulled back to the 50d sma and 38% retrace of the move up of the last few months (since last time it touched 50d sma). Looks like we may get another leg higher despite the clear lack of supportive fundamentals/geopolitics. Think we see 18600-19000 before a bigger effort to correct. Long 17800 tgt 18800 wroong below 17400.
DAX 40 (DE40) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support level. Pivot: 18,539.83 1st Support: 18,239.12 1st Resistance: 18,700.00 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
DE40 chart is showing completion of crab pattern. With the help of crab pattern we have identified the PRZ at which we can observe divergence which is also indication of trend reversal so we can take entry at the break of previous HL.
DAX40 H4 Something new added to the watchlist here as we see DAX40 index fund trading around ATH price. This ATH price also ties in nicely with our 18500 psychological price. A good area of confluence. We have also extended in excess of 600 points to the upside, without any real corrective play. Eyes peeled for some price action exhaustion around this price.
Technical Analysis for GER40 (DAX/GER40) Bollinger Bands Breakout: The GER40 (DAX/GER40) is showing signs of a potential breakout from the Bollinger Bands, indicating increased volatility and potential trading opportunities. Key Levels: Resistance: The resistance level is identified at 18832.01. This level represents a price point where the upward movement of...
The DAX (DE40) could fall towards the pivot which has been identified as a pullback support. Could this index potentially bounce off this level to rise towards the 1st resistance? Pivot: 17,737.30 1st Support: 17,004.20 1st Resistance: 18,534.90 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
If risk sentiment improves we can see more upside for the dax. We have BOE rate decision this week that migh affect the trade. I market the potential profit taking levels at session highs. Have a great week!
dax cfd Quote from last week: bull case: Bears gave up since Monday and we melted 800 points higher. I got 2 measured move targets above, 19280 and 19650. Technically we should see a pull-back first and depending on how deep it is, we can calculate new targets. I think next week everything will be determined by the PPI and CPI prints. If they come in low, I...
dax cfd Quote from last week: bull case: Bears gave up since Monday and we melted 800 points higher. I got 2 measured move targets above, 19280 and 19650. Technically we should see a pull-back first and depending on how deep it is, we can calculate new targets. I think next week everything will be determined by the PPI and CPI prints. If they come in low, I...
Price has been bullish majority of 2024. Posted my initial buy idea in "GER30 W BUY IDEA 2/2/24" post. Looking for the Daily to have a correction before continuing bullish. **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
Ger30 morning Trade TP and SL are set find your entry if you are late
DAX (GER30) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 18,737.91 which is a pullback support. Stop loss is at 18,600.00 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 18,992.91 which is a level that aligns with the 127.2%...
Le Dax est Bullish pour un moment, nous devons donc chercher des positions long dans un premier temps. Le FVG Daily ci-dessous est également intéressant pour le prix. Donc il faut agire aec prudence et rester dans les HTF
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Highlights : German 30 index Prediction : Bullish Longevity : 3 weeks Targets : PSTG 1 & 2 Rejection Zone hit : 100% Retest and hit more than two times Current Situation: Waiting for PSTG 2 to be hit, then, again, waiting for the pattern to be complete.