GERMANY 30
DE30 Buy the dip.GER30 - Intraday - We look to Buy at 15513 (stop at 15457)
Daily signals are bullish.
Pivot support is at 15500.
Dips continue to attract buyers.
We look to buy dips.
Daily signals for sentiment are at overbought extremes.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 15666 and 15686
Resistance: 15650 / 15680 / 15700
Support: 15630 / 15600 / 15550
MASSIVE BEARISH ABCD Harmonic Pattern in DAX30Hello everyone,
I spotted this MASSIVE ABCD harmonic pattern in the German DAX30, and wanted to share a few details about my current DAX 30 short trade.
in order for you to understand what I am talking about I added this snapshot of the whole ABCD structure:
(TMF: Daily)
The retracements/extensions:
As you can see, the B-C move retraced exactly as far as 0.382 of the A-B move.
While the C-D move extends as far as 2.272 of the initial B-C retracement.
While 2.272 is a very uncommon extention number for C-D moves, it still is a valid number, and I consider it worth a try.
In order to confirm the potential mega-short chance, I took a look at the RSI and spotted a huge divergence in both, the 24h and 72h timeframes.
RSI settings: standard except the range, which is set to (8):
About the actual trade:
My stop is set slightly above the most recent high, as we may still see a recovery and I don't want the trade to immediately get stopped out.
In terms of profit taking:
I attached a FIB retracement from D to C, and each of the displayed Fibonacci numbers will be partial take profit levels. My final take profit is sitting on 1.618.
If any of that actually came true, then, yes, this would be yet another historical mega-crash of even greater scale than the 'Corona-Crash'.
Feel free to comment your opinion or to hit me up and share your current analysis if you disagree :)
De30 retest the channel De30 broke the H4 uptrend channel and reached the previous low. Could retest the channel before further drop.
Lines on chart
Current oversold
DE30 - Collapse Coming?We had the first drop away from the volume dense area, could we see the second drop shortly after a pullback?
DE30 sell valid and running 👇👍Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
DE30 Sell the uptrend.DE30 - Intraday - We look to Sell at 15809 (stop at 15871)
We are trading at overbought extremes.
Trading within a Bullish Channel formation.
Trend line resistance is located at 15815.
Preferred trade is to sell into rallies.
Our profit targets will be 15647 and 15627
Resistance: 15750 / 15800 / 15850
Support: 15730 / 15670 / 15630
DAX Index SwingersDAX has been playing but I believe this 4H is a scalp for the swingers. Hold until RSI touching top line or Mark your TP! I’m still learning and publishing as I go.
DAX IndexIt is a beautiful morning for DAX and I, aiming for 3 TP but if she continues that’s even better!
Who's caught the DE30 drop this morning 🙌😀Have we all caught the DE30 drop this morning?
The strategy in use has.
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
DAX Index - What is in store?Using my MA - 4, and my RSI 3,4,6,14. Extra confirmation watching the news on dailyfx from US30 and Ger30 the buyers momentum will continue. Eventually they will burn out but when?
DAX INDEX SIGNAL DAILY TFOn the daily TF I have an analysis/hypothesis that DAX will shoot to the moon again. I need price to break through 15541.20 to enter for the kill. Patiently wait and y'all will be breaded up! *throws cash*
DAX Index SIGNALHere I see that the market has had it's 8:30 am candle. From there we will enter in for the scalping buy on the 15 minute timeframe. As I was marking up, TP1 hit. Let's see where we go from here.
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15303 (stop at 15248)
Daily signals are bullish.
Expect trading to remain mixed and volatile.
The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
The bias is to break to the upside.
Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 15300, which will confirm the bullish sentiment.
Our profit targets will be 15448 and 15478
Resistance: 15300 / 15350 / 15450
Support: 15170 / 15150 / 15100
DAX Index ANALYSISEntry and TP are marked on the chart. There are five targets to the downside. I have noticed that there was a crab pattern on the higher time frame. Please comment below.