Hello to all watching my charts. Dax moved out from the long channel and is now drifting sideways. In my view no time to act at the moment in long or short direction. On the sownside to short there is support at around 12260 (blue lower line) If it breaks that also its short time in m< view. On the upside the next barrier resistance is 12350 aerea. (blue...
Hello to all watcching my charts Dax is long since a while in the long trendchannel First sign of weakness should be the fall below DC 11. (Donchian 11) If the lower channel breaks the long setup is gone.
Exact as promissed the decision point has been at 11960. After fall through that level Dax tried to climb again on new highs, but failed and builded a double top as double resistance at 11980 (blue line) Than small supports at 11930 and also at 11890 failed. Nex bigger support waits at 11760 Thats the best chance for a rebound in my oppionion. We...
Hello to all who watch my charts. I brought you here my trading journal in the DAX of the last weeks. Timeframe is the 1 HR chart. We had a long signal until 27.3. 9:00 clock german time then we got a short signal at 11714 After that we were short to the ground at about 11370. (Difference about 340 points) So the signal turned on Long at 11370. Since then,...
Hello to all who watch my charts. For days DAX is in an upward movement and in a fairly wide Long channel. As you can see, the distance to the lower channel band is quite large. It currently runs at about 11860 and that is a good 120 points below today's closing price. In addition, we are at a round number Having arrived at 12000, that has always shown the...
Hello to all who watch my charts. Who my idea Dax Short from 21.3. followed (fall down out of the the Long Channel in PINK) is now already 300 Dax point forward. But as soon as we have reached a point at which a small bottom formation is emerging today. In the area around 11300 to 11330, DAX DEU30 has today stopped its downward trend several times. We have to...
Hello to all who watch my charts. In the Dax DEU 30 we have a short situation since yesterday. As I posted Dax was allowed to fall to the lower line of the Long Channel. But not below. Yesterday it dropped significantly below and there is now a short channel formed, which I have marked in purple. I've simplified the chart image a little and a few...
Hello to all who follow my charts. The Dax runs exactly in the long trend channel up I have drawn I marked it red again so that he is better to see. The dax today has 2 new resistance lines taken out of his way, which I have now marked as support in blue. These are the two upper skewed straight lines at about 11775 (current state) So he has continued to...
Hi Guys! As we see on this adjusted 4 H chart. My trajectory for the price. Bearish time is back! I will try to swing trade these shorter-term actions. First 3 targets are illustrated. Please don't get me wrong, but all these drawings are approximate! Let's see... Happy and safe trading! *This is not financial advice, this is only an idea. Do your...
Germany 30 testing 11460 area, monthly support turned resistance. Waiting for confirmation to sell.
If people expect an Inverted Head & Shoulders, chances could be very meager in terms of probability. What is the % of chance that we go back to 12xxx? How much time would it take? What would be the bullish triggers, if any? The markets took quite a bit of time and strength to break through the support I've drawn around 11183. If you were long above any support...
The DAX broke its decade long bearish rising wedge. It could retest it. Anyway, it seems to be targeting <9600.
Some major targets were reached across different markets
Clear Head and shoulders on distribution zone visible on Daily and weekly chart, moving averages are set up bearish, 50 below 100 and 100 below 200. Entries and targets on the chart.
Needs now close <11,400 to reach PO at 10,850 area
my 1st post ever, and still learning. * This is my view, and is not meant as advice for others to trade! been monitoring this since AB leg. if the C leg passes 11933, this will be invalid, even though it still might go upwards. going long for now might be an aggressive trade, but could be rewardable. To be updated if this goes to D leg and short...
Short opportunity between .382 and .5 Sl above the .5 Target 53 for now