Hello traders! ‼️ This is my perspective on GER30. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to make a retracement and then to reject from trendline + S/R zone for a sell position. Like, comment and subscribe to be in touch with my content!
Pair : Germany 40 Index Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Lower Lows - Lower Highs Bullish Channel in Short Time Frame
The DAX (DE40) is trading within a bearish channel and is rising towards the pivot which has been identified as a pullback resistance. Could this index stall around this level before potentially reversing to resume the downtrend? Pivot: 18,203.60 1st Support: 17,888.30 1st Resistance: 18,422.50 Risk Warning: Trading Forex and CFDs carries a high level of risk...
Ger40 shows more bullish sign but patience is key in our line of work. i see a long on ger40
ICMARKETS:DE30 Die aktuelle Bewertung des DAX deutet auf eine bevorzugte Short-Positionierung im definierten roten Verkaufsbereich hin. Diese Einschätzung stützt sich primär auf die Beobachtung einer impulsiven Short-Sequenz, identifiziert als Welle III, welche ein zentrales Element der betrachteten Marktstruktur darstellt. Eine detaillierte Analyse der...
DAX has a rejection on April 01 exactly at the top (Higher Highs trend-line) of the 18-month Channel Up (since October 03 2022). The 1D MACD made a Bearish Cross, being Lower High than the previous one on December 18 2023, which is exactly what happened on the January 27 2023 Bearish Cross. That sequence was the first Bullish Leg that topped to form the Channel's...
Hello everyone, I'm aiming for a bearish continuation for the DAX, I'd like to fill the bottom.
DAX is following the monthly triangle pattern now going to test the higher pattern linen(Tl) so a resistance level for the time being, it depends upon how market reacts here as it is a rising tl ( dynamic) so new and higher level every month will post possible monthly and weekly levels in the comment section
Cycle from 10.23.20223 low in DAX is in progress as an impulse Ellliott Wave structure. Up from there, wave 1 ended at 17003.28 and wave 2 pullback ended at 16345.02. The Index rallied higher again in wave 3 towards 18567.16. Pullback in wave 4 is currently in progress as a double three Elliott Wave structure. Down from wave 3, wave (a) ended at 18275.94 and wave...
As we see price breaking out the bearish channel with some strong momentum based on the pattern formed DOUBLE BOTTOM.
📊 In the one-hour time frame, due to the decrease in the downward momentum of the price movement, in case of the failure of the upward downward movement trend of the price and stabilization of the price above the range of 18,220 units, there is a possibility of the price increase up to the range of 18,300 units🎯, and in the case of the strength of the range of...
The DAX daily chart is showing signs of consolidation, but the short-term market participants are constructive. IF the short-term momentum holds, there will be something to work with. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited...
So here price failed to break the previous low creating a possible double bottom, wait for the price to break outside the bearsih channel retest then we go for those buys..
Sell short at the level 1:3 or trail profit. Level could have trapped trader or more greed institutions to sell short again at this level
Price respected our analysis and am currently holding the trades...Still trading within the bearish channel.
A bit late publishing. Same Strategy - Setup based on Multi Timeframes Highs and Lows, IB's and OB's.
The DAX daily chart has bullish elements to it, but the hourly traders have not synced up to them yet. The weekly real yield is in uptrend, which should act as support for the USDOLLAR and as a headwind for the risk markets. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM...