DAX is likely to consolidate today. However, PMI data might change that and make it directional Blue zones B, C and mega zone Brown B are in play today. Break below 13100 can drop DAX to 12800 and below Break above 13300 can take DAX to 13600 and above Buy Breaks: 13220, 13270, 13350, 13450 Reversals: 13050, 12960, 12900, 12820, 12700 Sell Breaks: ...
Here 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!
Bias: Ranging 12630 to 13100 Potential sell below 12760, 12670, 12560 Potential scalp buy on 12730, 12665, 12615, 12485
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
“I’m strong to the “finich”, ‘cause I eats me spinach”, that’s the motto of Popeye the Sailor Man. He gets strength from eating spinach, which he conveniently carries with him in cans all the time. DAX has also taken a mouthful from the green spinach can between 13981 and 13385 points to gain strength for its long way upwards. We expect the index to surmount the...
Here is my view for DAX on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for DAX on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for DAX on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Currently, DAX is neatly following the step-by-step plan we calculated for it. The index has touched at the white strip between 13404 and 13225 points and has already started to move upwards, crossing 13782 points. Although it could still go back into the white strip more strongly to complete wave (4) in white, it could be finished with it just as well and could...
Hello traders, DAX in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. Based on the count we had, the main waves 1, 2 and 3 were formed. But first we examine wave 3 and then we say the conditions of wave 4. In wave 3, the principle of periodicity is well observed, but wave 5 of wave 3...
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...
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...
Dam damdamdam damdamdam damdamdaaam Dam damdamdam damdamdam damdamdaaam “Rising up, back on the street, Did my time, took my chances, Went the distance, now I’m back on my feet, Just a man and his will to survive” The Survivor-song seems to be playing in the background, while DAX is battling its way back to the resistance at 15711 points. Like Silvester...
After testing the lower Bouhmidi-Band for today we immediately reversed back into the bandwidth - Nice chartbook example for daytrading with BouhmidiBands. Want to know more about Bouhmidi-Bands? Check my Script:
DAX for me at the moment still bulish. Good please for lond order after retest
Hi everyone this is my analysis on DAX. Let me know what you think.
The German index continues to bounce around the 200 day EMA as we have seen a lot of consolidation in this general vicinity. The 200 day EMA is obviously an indicator that a lot of technical traders will jump on, as it continues to be an area that longer-term traders pay close attention to. Furthermore, when you look at this chart, you can see that we have gone...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...