DAX**DAX:** This week's forecast is for the price to fall to between 18534.46 and 18428.96.Shortby SpinnakerFX_LTD1
Will DE30 DAX Continue to Rise?When the DAX 4-hour chart is examined; It is observed that the price movements continue on the trend line. As long as the index price does not break down from the 18491 level, it is evaluated that the price movements above the 18679 level can exceed the 19055 level and target the 19737 level.Longby profitake4
DAX continues to trade around the all-time highs.DE30EUR - 24h expiry Price action continues to trade around the all-time highs. Price action resulted in a new all-time high at 19050. Our short term bias remains positive. 50 4hour EMA is at 18663. A Morning Doji Star formation has been posted at the low. We look to Buy at 18735 (stop at 18655) Our profit targets will be 18935 and 18995 RR 2,5 Resistance: 18821 / 18900 / 19049 Support: 18800 / 18704 / 18600 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA6
GER30 possible move I'm expecting price on GER30 to push up after changing structure to the up sideLongby GoldenB550
Ger40(dax) sellGer40 you can get selling opportunities this week, monthly candle also may close bearish. Selling make more sense . Weekly close bearish probability is 65% you can combine it with your set-up in lower timeframes.Shortby priyank99982
GER30We looking for selling opportunities as the market is now on a reversal of the previous bullish trend that it ended resulting in selling opportunities|1H TIMEFRAMEShortby officialpotego_fx9
22.9.24After the interest rates, price is looking ot continue stronger. Keys measures of inflation and apperances from Fed officials will be watched this week to show the health of the economy. Price on both pairs have created new highs after its rally but could be tested if this weeks data fails to support expectations Us30: Price in an overall bullish market had broken highs on Monday and continued to make newer highs after the rate cut on Wednesday. After a strong bullish week absolutely smashing past previous months highs, I'd like to see price trade past or atleast to Thursdays highs of 42178.06. However, I will like to see if price falls to 41851.82 Ger40: Price had traded higher in to new highs after reaching Tuesday supply zone and continuing higher later in the traded day on Wednesday. Price overall reached old highs after its overall retracement and created new highs. Price seems to look like it has lost steam as it couldnt close past previosu week and month highs, so will ike to see if and what price will do if it falls to 18703.8. If it were to continue bullish I will be targeting 19050.1 Longby S0202Trades1
#202439 - priceactiontds - weekly updateGood Evening and I hope you are well. tl;dr dax: New ath but market rejected it with -300+ points. Bulls are still inside nested bull wedges and a big bull channel on the weekly/monthly chart. I favor bulls as long as the current bull wedge is alive but we could test down to 18500 on Monday. Bulls should not let it get below 18400. Above 19000 I expect another ath and targets above are 19100/19200. Quote from last week: comment: Disappointment bar on Monday, bears tried again on Tuesday and Wednesday but market held above 18200 and bears then quickly gave up. My bearishness last week was a bit too strong but slightly profitable until the reversal on Wednesday. So, not much harm done. Market formed a bull wedge and if bulls can close the bear gap to 18750 on Monday, we will very likely see 18990 or 19000 over the next days. Bears have nothing until they can get below 18200 or we reach 19000. I don’t think that many traders will be interested in buying above 19000 but let’s see next week. comment : Monday left no doubt where we were heading and my outlook was perfect. No one wanted to buy above 19000 and we traded 300 points down again. We are contracting inside the bull wedge and will see a breakout over the next 3 days. That can go either way so I will go neutral into next week. Both sides have reasonable arguments. I do favor the bulls slightly but need confirmation for that and this would only be above 19300/19400 and that is 600 points away. We are inside a trading range 17700 - 19000 for over 6 months now. That is as neutral as it gets. We are making higher highs but by how much? Couple of points and that’s absolutely normal inside trading ranges. And if you think “bUt YoU sAiD wE aRe iN a BuLl wEdGe”, yes. Might blow your brain out but markets can trade inside a multiple of patterns on different time frames and you have to prioritize them by the one starting on the highest tf and working yourself to the lowest tf you want to trade. current market cycle: big trading range key levels: 17000 - 19000 bull case: Bulls are slightly favored since we are inside nested bull wedges or a bigger broad bull channel, depending on how you want to draw it. Does it matter? No. We are also in a trading range inside the given key levels and that does not change how you trade the current patterns either. Bulls made a lower high last week and a higher high. As long as the lower high holds, bulls are favored for more upside. Should you buy 18720? It’s not unreasonable but Friday was quad witching and we closed at the low. I’d rather wait for bulls to come around on Monday before buying. We could touch the bull trend line around 18500/18600 before reversing but I do think we will retest at least 18900. My most insane upside target currently is 20900 but until we have a weekly close above 19400, it’s a waste of time thinking more than 2 minutes about it. Trade patterns that are valid and until they are clearly broken. Invalidation is below 18500. bear case: Bears rejected 19000 by 300 points again and the big questions is, will they get follow through selling on Monday and can they push below the bull trend line out of the bull wedge? I highly doubt that. It’s possible but unlikely. Market will probably spent more time inside the wedge before we break out by going sideways or below, once it’s contracted enough. Anything above 19100 would show great weakness by the bears and a possible giving up for 19300 or higher. On the weekly chart the highest weekly close was 18906 and bears need to keep it that way. Any weekly close above 19000 opens the door for higher prices. Invalidation is above 19100. outlook last week: short term: Neutral. Bullish above 18750 for 18900+, bearish below 18200 and neutral in between. → Last Sunday we traded 18699 and now we are at 18720. High was 19044 and that outlook could not have been more perfect. Nailed the long above 18750 and the rejection above 19000. Hope you made some. short term: Neutral around 18720 but expecting bulls to come around and retest 19000. Could drop to 18500/18600 first though. Anything below 18500 would surprise me big time. medium-long term - Update from 2024-09-22: 3 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19000 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Not so sure about 19000 being the high, since liquidity could see a bigger increase and upside could be higher. We will likely have another 10%+ correction this year and a possible year end rally. current swing trade : None chart update: Removed the bear gap and added the insane potential measured move to 20900. Don’t bet on that.by priceactiontds1
Shorts into the potential buysHello traders, A potential ''simple'' play is shaping up on GER40. It doesn't mean when PA tapped into a new ATH and sells of, its meant to be the top. However, PA made a huge inpulse and right now it's forming its larger correction before the potential next leg to the upside. PA is forming an expanding right now. - Weekly bullish pinbar close (still bullish but positioned well) - Daily retraced quite well (engulfing --> evening star formation) - 4H is clear (impulsive move) -1H --> entry plan: looking for a clear 3-touch continuation into the previous ''marked'' lows that has been broken. Targeting the first point of inflection at minimum with a potential to the value area. I've used the fibonacci as a guidance, never as a confluence factor. However, it's healthy to give a .50 pullback after such rallyShortby Jappie241
Germany 30 SellI Sell the Germany 30. Sl and Tp on the chart. Now i just wait and see! Note: I see this selling for days.Shortby Msandroid113
DAX buy limit orderAs I mentioned before, we have opening market gap that I think the price is coming to fill this. Lets set a buy order below the gap to see if it triggers...Longby NavidNazarianUpdated 0
DAX 2HThe price has reached a resistance zone and has shown a good reaction. Around this time, you can enter the Sell transaction and earn a good profit.Shortby Trading-House5
DAX sell setupWe have a opening market gap and an order block above it. So I think we're coming to touch this level and then go down to fill the other gap. Let's see what happens...Shortby NavidNazarianUpdated 3
Germany 30 BuyI buy Germany 30. SL and TP on the chart. Now i just wait and see!Longby MsandroidUpdated 6
DAX breaking above this Resistance can target 20000DAX hit yesterday Resistance 1 (the September 03 High) but got rejected and failed to close the candle above it. Naturally, the market is reacting with weakness today and so far a red 1D candle. As you realize, the key here is to close that candle above Resistance 1, which is what happened in the middle of the previous Bullish Leg of the 1-year Channel Up. After testing the Resistance at the time on January 29 2024, the index turned sideways for a few days, until it finally closed above it and started the 2nd phase of the Bullish Leg. All this time the 1D MA50 (blue trend-line) was supporting, just as it did recently on September 06. If those conditions are met, we expect another run towards the 1.618 Fibonacci extension (where the April 01 Higher High was priced). Our Target is slightly below it at 20000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot6
SHORT DAX/GER40 - entry price NOWTeam, GER30 has enter our short position, STOP LOSS AT 18991.70 SHORT PRICE AT 18934-18926 RANGES TARGET 1 AT 18872.4 TARGET 2 18770.6 PLEASE NOTE: once the price reach first target - take partial and bring stop loss to 18858.7Shortby ActiveTraderRoom1
Germany Dax buy setupWe have a CHoCH in 5m TF that means we're in a pullback of higher TF. I think this area has its potential to go longLongby NavidNazarianUpdated 0
Dax AnalysisAs you can see we touched this swing high 3times and we also have a good divergence in TSI that indicates sellers are coming in. I think we'll have a CHoCH to the down by breaking the low to feel the opening market gap. If this happens I'll look for a sell opportunity... Shortby NavidNazarian2
H4 Choch Bounce 200ma wait 1D Closed Above Entry Price.H4 Choch Bounce 200ma wait 1D Closed Above Entry Price. Friday will Choch Red in Smaller TF H1/m15 that flip back to Green We will Entry from ChoCh buy Smaller TF Wait tomorrow. Secret Ratio is 1.5Longby NorthKoreanTraderInPyeongyangUpdated 1
Germany Dax40 buy setupI'll set a buy limit order in this area. Lets see what happens.Longby NavidNazarianUpdated 0
Losing SteamIt is the 3rd consecutive time that we didn't reach a new top. This may indicate a desire of the market to correct, i.e. to take out some risk or to have a snooze at least. Thus I assume that there is no big risk on the upside. Shortby motleifaulUpdated 1
DAX-LEADER-SWING4YR:Broke the 4 year Previous high and retested the level, hence and created a 1-2 RTM on 7 weeks Timeframe: 7W: Previous RTM, has been broken and major zones for additions are 7 Months Previous high and 18 Months Previous High Longby Jeremiah_Capital0
DAX H4 | Potential bullish bounce off overlap supportDAX (GER30) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 18,652.31 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 18,500.00 which is a level that sits under the 50.0% Fibonacci retracement level and an overlap support. Take profit is at 18,972.46 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long02:52by FXCM0