The price hit upper resist line in multy year up chanelThe price hit upper resist line in multy year up chanel....the chanel is since Dax has been createdShortby pederast4ence0
The price hit upper resist line in multy year up chanelThe price hit upper resist line in multy year up chanel....the chanel is since Dax has been createdShortby pederast4ence1
Trading options for 27.9.24There are three reasonable trade options (2 shorts and 1 long) both are today derived from daily and weekly Pivot levels. Option 1 is in case of bullish continuation. Option2 is interesting if Option1 is invertedby MichiBTC20210
DAX/GER - time for break outMy stop loss is at 19315 entry short position now at 19280-19267 target at 19208 target at 19087 NOTE: MUST have a stop loss currently, break the resistance hopefully good break outShortby ActiveTraderRoom5
DAX BullishLeader: -Dax Broke Previous 4 Year High, 1 Year High, 6 Months High, 3 Months High -The Previous 17 Year has been broken and hence expecting continuationLongby Jeremiah_Capital1
GER30 4HWait for the retest, and if the candle is confirmed, you can enter the buy trade.Longby Trading-House0
Wed 2024 09 25 - Short - DE40 8am H4 double color||| Stats ||| Stats Day: ** 08:00 H4 double color, - Short ** 09:30 VOLD ???, AD ???, Senti +18, Agio St ???, Lg ???, - Range ** 09:45 VOLD +1.4, AD +1.2, Senti -3, Agio St +0.05, Lg +0.05, - Range ** 16:15 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short Stats Week: ** DE PMI: - low, ** EU PMI: - low, ** US PMI: - low, ** Mon Morning rule - 2 day break out - up, ** Tue return to W1 trend and not a W1 trend change - pending, Stats Month: ** Sep turn - pending, Stats Year: ** US Election, ||| Trade Taken ||| Trade Taken: ** Time frame: * H4 ** Time: * 08am, Set-Up: ** Trigger for trade: * 8am H4 double color Short, * Senti +61, * m45 close outside m45 BB Risk Reward: ** Risk: * Initial Turn, ** Target: * R 1:1, Shortby ErPatUpdated 1
DAX time to short at 19092-19086Team, DAX is price at 18047, We will short at 19092-19086 - STOP LOSS AT 19155 target 1 at 19050 target 2 at 19005 target 3 at 18960 target 3 at 18926 Once it hit first target at 19050 bring stop loss down to 19105 once it reach target 2 at 19005, bring stop loss to BEShortby ActiveTraderRoom4
Trading options for 26.9.2024Tomorrow there are two reasonable trade options (1 shorts and 1 long) both are dervied from the triangle formed within today and are inline with the derived from support & resistance areas. For details see text boxes in the chart. I prefer option 2 Notes: green and red boxes dervied from last movement volume areas, Pivot levels and Fib levels. yellow boxes are derived from higher TF MAsby MichiBTC20210
Short therm shortIm looking short therm short to fill this bottom W with some move maybe stoped by trendline, trend line woudl be first stopShortby lubosb901
DAX / BASF Soars on Listing News; DAX Stays BullishBASF Jumps 5% on Agri-Chemicals Listing News; DAX Remains in Bullish Zone Shares of German chemical giant BASF (BAS) surged 5% following a Bloomberg report indicating plans to list its Agri-Chemicals business as part of a broader corporate overhaul. While the listing is projected to occur in several years, the official announcement is expected during the company's capital markets day later this month. DAX Technical Analysis: The DAX index remains in a bullish momentum zone, trading above 18,640. Potential upside targets include 18,850, with an extended move toward 18,980. The overall trend is expected to maintain its bullish bias ahead of the Federal Reserve's rate decision. However, a decisive break below 18,640 could indicate a downturn, with the price potentially dropping towards the 18,520 support level. Key Levels: Pivot Point: 18720 Resistance Levels: 18842, 18970, 19150 Support Levels: 18640, 18520, 18300 Expected Trading Range: 18640 - 18970 Trend Outlook: Bullish as long as the price remains above 18,640. Previous idea: Longby SroshMayiUpdated 7
GER40 3RR | 1HR TF BEARISH SETUPFOREXCOM:GER40 looks bearish on all time frames, making a triple top on the daily and in a downtrend movement on shorter time frames, bell curve levels support the idea, let's hope for the best.Shortby breakthroughreality0
-Trade L- Tue 2024 09 23 - DE40 6pm H3 - Momentum|||||||||||||||||||||||||||| Stats |||||||||||||||||||||||||||| Stats Day: ** 08:00 H4 double color, - NO ** 09:30 VOLD ?NA?, AD ?NA?, Senti -35, Agio St +0.05, Lg +0.02, - Range ** 09:45 VOLD ?NA?, AD ?NA?, Senti -14, Agio St +0.05, Lg +0.05, - Range ** 16:15 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short Stats Week: ** DE PMI: - lower, ** EU PMI: - lower, ** US PMI: - lower, ** Mon Morning rule - Break on Monday by H3 hammer, ** Tue returned to W1 trend - UP, Stats Month: ** Sep turn - pending, Stats Year: ** US Election, |||||||||||||||||||||||||||| Trade Taken |||||||||||||||||||||||||||| Trade Taken: ** Time frame: * H3 ** Time: * 06pm, Set-Up: ** Trigger for trade: * Momentum Long, * Mon Morning rule, * Tue returned to W1 trend - UP * Senti -47, ** Mom Width: * 1 candle - strong, ** Mom Type: * 3rd directional - risk at last Mom turn, Risk Reward: ** Risk: * last Mom Turn, ** Target: * R 1:1Longby ErPatUpdated 1
DAX/GER HURRY FOR LONG Team, found DAX good entry LONG at 18883 stop loss at 18842 target at 18921 18953 Once it breaks 18905, bring stop loss to BLongby ActiveTraderRoom2
Germany 40: Trend BreakoutGermany 40 index is observed to undergo a trend breakout. If price is able to breach this marked level and hold a close above it, very likely we will keep seeing upside momentum.Longby FinancialGamblR3
Trade options for 25.9.24Tomorrow there are three reasonable trade options (2 shorts and 1 long) derived from support & resistance areas. For details see text boxes in the chart. I preferable look for option 1 or 3. Option 2 comes only into picture if development of option 1 fails, without any new alltime high tomorrw. Notes: green and red boxes dervied from last movement volume areas, Pivot levels and Fib levels. yellow boxes are derived from higher TF MAsby MichiBTC2021112
Buys on German40 4 hour timeframe I’ve been tracking German 40 for while and after the sell we had I believe we are about to see new highs on German 40🇩🇪. I decided to go with simple analysis here.I’m identifying a BULLISH ENGULFING PATTERN AFTER A BULLCROSS PATTERN FROM 23 September 2024. I believe this bullish engulfing pattern that formed at 8am will hold us upwards . Good luck . Maswazi GamedeLongby maswazigamede0
Pullback tradewhat we have here is an opportunity to enter after the rejection here at the support line, now we have a strong doji candle.Longby KenyanAlphaUpdated 5
DAX/GER retest yesterday high - prepare to shortTeam, with the DAX, we need to wait for the confirmation before we enter the short. We are waiting for the trend to be retested. And Confirm if it is a FAKE breakout. We consider entering the short position at 18887-18883. STOP LOSS at 18953. We are updating pricing as well. Less confuse Target 1 - 18832 Target 2 - 18790-18784 Target 3 - 18746-18723Shortby ActiveTraderRoom2
Trade Options for 25.9.2024Tomorrow there are three reasonable trade options derived from support & resistance areas. For details see text boxes in the chart. I preferable look for option 1 and 4. Notes: green and red boxes dervied from last movement volume areas, Pivot levels and Fib levels. yellow boxes are derived from higher TF MAs. by MichiBTC20210
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. *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). -------------------------------------------------------------------------------------------------------------------- Analysis Germany 40 Germany 40 continues its bullish momentum, currently in an impulsive phase. The price is 18,753, slightly above the VWAP (20) of 18,617. Support is seen at 18,207, while resistance lies at 19,026. The RSI is at 55, indicating mild bullish momentum but also bearish divergence. UK 100 The UK 100 remains neutral, in a consolidation phase that has turned weaker with the price breaking below a rising trendline. The price is 8,246, hovering near the VWAP (20) of 8,269. Support is positioned at 8,154, with resistance at 8,384. The RSI is at 47, reflecting balanced momentum but is marked by 3 declining peaks, suggestive of further weakness. Wall Street Wall Street continues its bullish trend, still in an impulsive phase. The price is at 42,000, well above the VWAP (20) of 41,107. Support is at 40,007, with resistance at 42,207. An RSI of 67 indicates robust bullish momentum but without the conviction of an overbought reading. Brent Crude Brent Crude remains in a bearish trend, now experiencing a corrective phase. The price is 73.92, just above the VWAP (20) of 72.92. Support is located at 69.26, with resistance at 76.57. With an RSI of 48, the market is still in its bearish regime of a 30-60 range but is indicating a potential for reversal. Gold Gold continues its bullish run, currently in an impulsive phase at a record high. The price is 2,614, above the VWAP (20) of 2,542. Support is at 2,449, and resistance is at 2,635. The RSI of 70 reflects strong bullish momentum, and overbought conditions. EUR/USD EUR/USD remains in a bullish trend, still in an impulsive phase. The price is 1.1098, slightly above the VWAP (20) of 1.1091. Support is at 1.1000, with resistance at 1.1174. The RSI is at 51, reflecting moderate bullish momentum. GBP/USD GBP/USD continues its bullish trend, staying in an impulsive phase into new 2024 highs. The price is 1.3319, sitting comfortably above the VWAP (20) of 1.3164. Support is at 1.3009, while resistance is at 1.3319, the current price level. The RSI of 61 signals solid bullish momentum but bearish divergence has appeared. USD/JPY USD/JPY remains in a bearish trend, now in a corrective phase with a move over a down trendline. The price is 143.71, slightly above the VWAP (20) of 143.03. Support is set at 139.63, with resistance at 146.42. An RSI of 49 is a big swing from bearish to neutral momentum, implying a new trend or perhaps a longer period of consolidation. by Spreadex0
GER40: Remains bullish amid global uncertaintyEuropean stock markets started the week with mixed results, influenced by the recent interest rate cut by the U.S. Federal Reserve (Fed) and China's monetary policies. The German DAX and the UK's FTSE 100 posted modest gains of 0.1%, while the French CAC 40 fell by 0.2%. The Fed's decision to cut rates by 50 basis points, a larger-than-expected cut, generated global optimism as it anticipated a boost to economic activity. The People's Bank of China also contributed to this favorable environment by reducing its 14-day repo rate, which eased domestic monetary conditions, boosting growth. These moves, along with expectations that the European Central Bank (ECB) could accelerate its rate-cutting cycle, reflect pressures on monetary authorities in Europe, with key figures such as Mário Centeno suggesting that the ECB could act sooner than expected. In the European economic context, preliminary PMIs for September will be crucial in assessing the health of the region. Weaker than expected data would increase the likelihood of further expansionary measures by the ECB. On the corporate front, Commerzbank shares fell 4.3% after the German government confirmed that it will maintain its 12% stake, cooling speculation about a possible merger with UniCredit. On the other hand, oil prices rose in the face of growing tension in the Middle East, which has generated concerns about supply. Both Brent and WTI registered increases of 0.3% and 0.4%, respectively, highlighting the impact of geopolitical risks on energy markets. On the technical front, the German DAX remains in a long-term uptrend. After its sharp plunge in its first week of August and subsequent sharp corrections to the upside, the index has a checkpoint (POC) around 18,491 points, with a high at 19,050.81 and key support at 18,267.81 points. The RSI at 56.99% suggests that there is still room for further upside momentum. According to Fibonacci retracements, 76.4% is slightly below the current highs, indicating that we will have to watch if the index breaks this level. In conclusion, European markets are trading in an environment conditioned by global monetary policies and international tensions, as investors assess both the impact of rate cuts and volatility in oil prices. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Longby ActivTrades1
DAX**DAX:** This week's forecast is for the price to fall to between 18534.46 and 18428.96.Shortby SpinnakerFX_LTD1