IN this update we review the recent price action in the #DAX futures contract and identify the next high probability trading opportunities and price objectives to target
GER30 is approaching a key resistance. Price could hit our sell entry at 15693.67 and reverse from this level dropping to our take profit at 15480.78 which is an overlap support. Stop loss is at 16014.55 which is a -27.2% Fibonacci expansion. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website...
GER30 is approaching our sell entry at 15673.81 which is an overlap resistance. Price could potentially reverse from this level and drop down to our take profit at 15493.20. Stop loss is at 15908.70 which is an intermediate overlap resistance. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this...
Here is my view for GER30 on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders! ‼️ This is my perspective on GER30. Technical analysis: Here we can see pretty similar scenario as on photo. Price changed the character and started to form new BOS. I expect we could see here a new BOS above buy stop liquidity and then to reject from weekly bearish order block. Like, comment and subscribe to be in touch with my content!
Please, check our technical outlook for GER30. Time Frame: 45 Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 15550.6. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 15664.06 level. P.S Overbought describes...
GER30 is retreating to an overlap support. Price could hit our buy entry at 15453.72 and reverse from this level. Momentum could carry price up to our take profit of 15667.58 which is an overlap resistance. Stop loss is at 15274.20 which an overlap support. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained...
Price is approaching a key resistance level and potentially reverse, we could see the momentum carry price down to our take profit target. Entry: 15707.45 Why we like it: There is a swing-high resistance Stop Loss: 15932.10 Why we like it: There is an overlap resistance Take Profit: 15484.75 Why we like it: There is an overlap support Please be advised that...
Signed, sealed and delivered - to the tick. 112 points at London Open 30 March. Doesn't seem very random to me. Once you realise it is all controlled, you can align yourself with the engine that delivers price on an interbank level. Thank you for coming on the ride, hope you made some money!
GER30 Bias Confirmed. TP1 Hit Well done if you took the idea!
Cycle from 9.28.2022 low has ended as a 5 waves impulse at 15706.51. We labelled this rally as wave ((1)) as the 1 hour chart below shows. Wave ((2)) pullback is currently in progress to correct cycle from 9.28.2022 low. The decline from wave ((1)) peak on March 7, 2023 is unfolding as a double three Elliott Wave structure. Down from March 7, 2023 high, wave ((a))...
Support occurs where a downtrend is expected to pause due to a concentration of demand.
I do not typically analyse this index. But this one's for the culture. Anticipating longs unless I am proven wrong on Monday or Tuesday this week. I have outlined the price targets you should be concerned with should you go in with a long bias. This is technical science. Not random, there is no chance, no 'maybe it might do this or that'. It is calculated,...
Here is my view for GER30 on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Price has bounced off the 23.6% Fibonacci retracement, we could see the momentum carry price up to its take profit target. Entry: 14,872.48 Why we like it: There is a 61.8% Fibonacci retracement and a swing low support Stop Loss: 14,442.76 Why we like it: Swing low support Take Profit: 15,718.21 Why we like it: There is an overlap resistance Please be advised...
Hope you are having a nice day. Looking at Zone 1&2 it looks a lot like we might be seeing some neutral movement for Monday i will also take extra caution when taking a trade. I also noticed that Zone 3 on the chart was a big resistance level back in November and December 2022 and then got broken out of. I do however think that the market will be testing Zone...
Beautiful higher timeframe retest of previous key level resistance looking left, as new support forming a higher low. 3 weeks now price has closed above this key region, & above this zone I am looking for price to resume the overall uptrend.. A lot of confluence in this region as it also aligns with the 50 fibonacci retracment of the previous impulsive stage. The...
DAX / 1H Hello traders, welcome back to another market breakdown. The dax has rejected a key level sending a signal to the bulls to buy more. Checkout the what I'm waiting for a swing trade. Trade safely, Trader Leo.