H4 Choch Buy We Entry in H1 Red Flip back to Green 1.5 RatioH4 Choch Buy We Entry in H1 Red Flip back to Green 1.5 Ratio
H4 Green above 200ma then wait H1 correction red and last night flip to green above 200ma today market focus in H1 TF.
DEU40 trade ideas
1H dax30 1.5 Ratio testing 18800 strong level1H dax30 1.5 Ratio testing 18800 strong level
But 4H 1W still strong buy
DE40 (aka GER40) - LONG (BUY) Trade CallOverall trend is bullish on Daily TF.
On 4h TF, Bullish Hidden Divergence has formed on RSI which indicates strengthening of bullish trend. Remember, Hidden divergences indicate continuation of trend. Therefore, Taking Long trade.
LONG Buy Trade Call
DE40 (GER40)
Entry Buy Limit: 18740
SL: 18640
TP1: 18840
TP2: 18940
Will the DAX index return to its ceiling?According to the resistance in the range of 18803 After breaking this area, expect to climb up to the 18947 range Otherwise, with the failure of its support in the 18605 range, we can expect the 18496 range to continue falling.
DAX Outlook: Gains Driven by Siemens, Infineon, and Fed Rate My Trade:
A long trade at 18,730 on the DAX 30 is a bullish bet, signaling an expectation that the index will continue its upward momentum. Here’s the reasoning behind this setup:
Technical Indicators: The DAX remains above key moving averages, including the 50-day and 200-day EMAs, which are traditionally seen as bullish indicators. A breakout from the 18,750 level would affirm this momentum, supporting a potential rise towards the first target of 18,780, and further to 18,870 .
Market Sentiment: With market optimism building around potential rate cuts from both the ECB and the Fed, rate-sensitive stocks have seen upward pressure. This environment could push the DAX higher as lower borrowing costs benefit corporate earnings and stock prices.
Support Levels: The stop-loss at 18,680 is set just below recent support, minimizing downside risk in case the market turns. This level should act as a cushion against significant drops if bullish momentum wanes .
Targeting 18,780 (TP1) allows for a short-term profit with minimal risk, while 18,870 (TP2) represents a more aggressive target, aligning with potential upward momentum toward all-time highs.
INFO
The German DAX 30 index rebounded on September 17, advancing by 0.50% to close at 18,726, recovering from the previous day's losses. Gains in major stocks like Siemens and Infineon, alongside positive market sentiment driven by hopes for a Fed rate cut, helped lift the index. This was complemented by easing fears of a U.S. recession, supported by stronger-than-expected U.S. retail sales data.
Key Market Drivers
Tech & Energy Sector Gains: Siemens Energy surged 4.26%, and Infineon rose by 3.24%, driven by expectations of both ECB and Fed rate cuts, which would benefit rate-sensitive stocks. Auto stocks like Volkswagen (+1.36%) and Porsche (+1.18%) also added to the positive momentum.
Retail Stocks Surge: Zalando SE led the charge with a 7.33% gain, fueled by Kingfisher raising the lower end of its profit forecast, boosting demand for retail stocks.
Economic Indicators
The German ZEW Economic Sentiment Index dropped from 19.2 in August to 3.6 in September, signaling a challenging outlook for Germany’s economy.
Eurozone inflation data, with the final August figures expected, could trigger further ECB rate cut bets, potentially lowering borrowing costs for businesses and boosting stock prices.
DAX Technical Outlook
The DAX remains above its 50-day and 200-day EMAs, signaling continued bullish momentum.
A break above 18,750 could drive the index toward the all-time high of 18,991, with a possible push to 19,200 if the Fed cuts rates by 50 basis points. Conversely, failure to hold key support levels could see a pullback toward 18,000.
The U.S. retail sales figures and Eurozone inflation data will be crucial for determining short-term market direction, with a focus on the Fed's upcoming rate decision.
🌐 Sources
fxempire.com - Dax Index News: Economic Data and Fed Rate Cut Bets to ...
euronews.com - Germany's economic sentiment takes a dramatic fall as ...
fxempire.com - Fed Rate Cut Bets Support DAX Amid Weak Eurozone ...
DAX30/GER30 PREPARE TO SHORT ONCE THE PRICE HITTeam, I am waiting for the price to move toward our position to short.
We are considering shorting once the price hits below 18703-18697. The current price is at 18720
We assume the stop loss at 18775, but a safer stop loss level would be at 18817
Our target would be 18619.4. Please reduce or take profit from 50% to 70% of your volume at this price and trail your stop loss toward BE.
And second target is 18526
Germany DAX30 buy setupAs you can see the price broke the structure to the top again and now we have to wait for a pullback and I think this area is good to set a buy order.
Let's see what happens.
GER40 swing trade(UPDATE)Last week we were looking for a sell from 18500 with many technical confluences. We also had a 11 day straight bull run without any meaningful retracements. This is a continuation to the previous idea, as the price did not react from our level of interest and kept pushing higher. Currently waiting for 18800, which is the Weekly 0.786 fib level drawn from the all time high. We target 18500-18450 for our TP1. Will update next week. As always, trade safe and wait for confirmations before entering a trade.
Fractals Trading Community,
Mei
Sell German 40 MORNING SIGNALI’m identifying a Dark cloud patter and a Bearish engulfing signal in one Zone
Let’s drop guys
German DAX30 buy setupAfter BOS to the top, now it's time for the pullback and I think this area has potential to set a buy order.
Lets see what happens...
Weekly Technical AnalysisStart your week by identifying the key price levels and trends.
The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex.
NOTE: These charts use the ‘Pro Trading Tools’ available on the SpreadEx trading platform. To use them, log in to your SpreadEx Financials Account and click ‘Technical’ from the menu on any chart.
*KEY
Trend is set by the slope of the VWAP over 50 periods
Phase is determined by the current price relative to the VWAP (20) level (above or below)
Support & Resistance are set by the StdDev #2 Lower and Upper respectively.
Momentum is determined by the RSI level (70 as overbought and under 30 as oversold).
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Analysis
Germany 40 remains in a bullish trend, now in an impulsive phase. The price is at 18,639, slightly above the VWAP of 18,630. Support and resistance levels are at 18,193 and 19,001, respectively. The RSI is at 54, indicating stronger bullish momentum.
UK 100 is neutral, continuing its consolidation phase. The price is at 8,272, close to the VWAP of 8,275. Support is at 8,139, and resistance is at 8,416. The RSI at 50 suggests stable momentum.
Wall Street remains in a bullish trend, now in an impulsive phase. The price is 41,441, above the VWAP of 40,962. Support is at 40,238, with resistance at 41,686. The RSI of 61 indicates strong bullish momentum.
Brent Crude continues its bearish trend, now in an impulsive phase. The price is 71.77, below the VWAP of 74.47. Support is at 67.72, with resistance at 81.21. The RSI is 38, indicating bearish momentum but with some signs of slowing.
Gold remains bullish, currently in a corrective phase. The price is 2,586, slightly above the VWAP of 2,518. Support is at 2,458, with resistance at 2,576. The RSI is at 71, showing strong bullish momentum.
EUR/USD stays in a bullish trend, now in an impulsive phase. The price is 1.1120, slightly above the VWAP of 1.1091. Support and resistance levels stand at 1.0991 and 1.1190, respectively. The RSI is at 59, suggesting ongoing bullish momentum.
GBP/USD remains in a bullish trend, currently in a corrective phase. The price is 1.3180, slightly above the VWAP of 1.3147. Support is at 1.3048, with resistance at 1.3246. The RSI at 61 suggests continued bullish momentum.
USD/JPY continues in a bearish trend, currently in an impulsive phase. The price is 139.83, below the VWAP of 143.54. Support is at 139.80, and resistance is at 147.39. The RSI at 27 reflects strong bearish momentum.
European Shares Gain as DAX Holds Bullish Momentum Ahead of CPIEuropean Shares Rise, Led by Tech and Resources Sectors
European shares opened higher on Wednesday, with gains driven by the tech and basic resources sectors, as investors await a key U.S. inflation report for insights into the Federal Reserve’s upcoming interest rate decision.
The DAX remains in a bullish momentum zone as long as it trades above 18,180, with potential targets at 18,520 and, beyond that, 18,645. The trend is expected to remain bullish ahead of the inflation data, and if the data aligns with expectations, this momentum is likely to strengthen.
However, a break below 18,180 could signal a downturn, with the price potentially falling towards 17,960.
Key Levels:
Pivot Point: 18300
Resistance Levels: 18520, 18640, 18780
Support Levels: 18180, 17970, 17740
Expected Range: 18180 - 18780
Trend: Bullish as long as the price stays above 18,290 and 18,180.
SHORT DAX40/GER30 AT CURRENT MARKETWe are shorting DAX at 18646.8 with a stop loss at 18741
target at 18546
Once the price hit below 18600, trail stop loss to BE level.
DE30 DAX Technical AnalysisWhen the DAX 8-hour chart is examined; It is observed that the price movements continue within the Tobo formation formation. It is evaluated that the index price can target the 19788 level by passing the 18994 level in price movements above the 18793 level, but it is evaluated that it can retreat to the 17077 level by breaking the 18189 level in price movements below the 18793 level.
#202438 - priceactiontds - weekly update - daxGood Evening and I hope you are well.
tl;dr
dax: Neutral. Won’t be running into any more traps again. Both sides have reasonable arguments but bulls closed last week at the highs, so bulls are slightly favored. Best pattern currently is probably the big bull wedge we are in. Bulls want a retest of the ath 18990 and bears below 18000. Bullish above 18750 and bearish below 18200, neutral in between.
Quote from last week:
comment: Selling is already too strong for a pullback in a bull trend. We are in a big trading range and on our way to test the lower range somewhere between 17000 - 17500. Do we get there in a straight line like we went up in August? Highly unlikely but so was the climactic selling and the insane reversal over the past 5 weeks.
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.
current market cycle: big trading range
key levels: 17000 - 19000
bull case: Bulls did not do much on Monday and Tuesday but enough to make many bears take profits early and stall the market and bears were not having that, so they gave up. Bulls are favored if they get above 18750 but I think it’s very close to 50/50 if we make a new ath. Market is undecided to the max and we see many traps on any time frame. We are above the daily ema and the bull trend line from the wedge, so bulls are slightly favored.
Invalidation is below 18200.
bear case: Bears gave up on Thursday and do they want to fight it at 18700? I don’t think so. Thu + Fr was strong enough that we can expect a retest of the ath next week and there I expect stronger selling to happen again. Since we did not print 19000 so far, it’s an obvious magnet and market’s rarely touch those big round numbers and reverse from there. We will likely overshoot some before big bears come around. Make no mistake, this buying here is purely absolutely atrocious from any reasonable valuation level given many German macro indicators but that stuff will only destroy your account so let’s not go there. Market is overvalued and we will likely see 17000 again this year.
Invalidation is above 18750.
outlook last week:
short term: Bearish but only on momentum again. Any pullback has to stay below 18700. Next targets for bears are 18000 and below that is 17500. Fun times ahead.
→ Last Sunday we traded 18301 and now we are at 18699. Bears fumbled it on Wednesday and then quickly gave up. Bearish momentum was there on Tuesday but they barely made a new low. Anyhow, bad outlook.
short term: Neutral. Bullish above 18750 for 18900+, bearish below 18200 and neutral in between.
medium-long term - Update from 2024-09-01: 4 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. Next 2000 Points will be made to the downside but it’s too early to short this.
current swing trade: Cut those shorts on Thursday and will try again around 19000 if bears come around.
chart update: Added a bull wedge again and made the bear gap smaller.
15.9.24With a huge week to commence this week with Feds on Wedensday looking to slash interest rates with large players leaning twoards a 25 bps rate cut, markets may start off slow in the begning of the week before then. There will also be Core reatil sales data to be released on Tuesday which my influence the decision of the rate cuts.
US30: Price this week traded past remaining SSL from previous weeks and seemed to
taken lows from previous week before moving back up on Wednesday. Price is beginning to trade higher so I will like to see price trade into previous week high and towards 41604.04 once more
Ger40: After taking previous weeks lows in Tuedays session , Wednesday began the mid week reversal trading towards BSL from September. Id also like to see price trade past previous weeks highs but it has a way to go if it was to reach 18998.6 or previous month highs at 18972.2. I will ike to see how prace does at 18757.6
DE40 | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | Weekly Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
# Position & Risk Reward | Daily Time Frame
- Measurement on Session
* Retracement | 0.5 & 0.618
* Extension | 0.786 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Buy
GER401. Daily Swing + Int. Bias Bullish
2. 4h Swing Bullish
3. 15m Swing Bullish + Int. Counter Bearish
So, the continuation of a counter move will grab SSLQ and the thoughts for long entries will be from the second +OB around 18.635 - 18.645 area.
Before and In case that we have BOS (18.670), the next target will be 15m Swing High.
Long positions are HP When all TFs will be aligned.
Shorts only if the counter move continues, targeting the 2nd +OB.
The Sweet Spot Supply ZoneUsing the TrendCloud System can help you focus on finding that sweet spot entry for all of your supply and demand zones.
You will also see confirmation entry signals as the trade plays out.
You can use these signals to increase your position size and maximize your profits.
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