Detailed DOW JONES Video Analysis - Waiting Like a Sniper!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for DOW JONES, feel free to request any pair/instrument or ask any questions in the comment section below.
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De30
DE30 Sell a Break setup.GER30 - Intraday - We look to Sell a break of 13854 (stop at 13931)
We are trading at overbought extremes.
A higher correction is expected.
A break of 13850 is needed to confirm follow through negative momentum.
With signals for sentiment at overbought extremes, the rally could not be extended.
allies should be capped by yesterday's high.
The RSI is trending lower.
Our profit targets will be 13632 and 13532
Resistance: 14000 / 14050 / 14100
Support: 13900 / 13800 / 13700
DE30 Sell the top setup.GER30 - Intraday - We look to Sell at 13898 (stop at 13977)
We are trading at overbought extremes.
A higher correction is expected.
A break of 13660 is needed to confirm follow through negative momentum.
With signals for sentiment at overbought extremes, the rally could not be extended.
Rallies should be capped by yesterday's high.
The RSI is trending lower.
A break of yesterdays low would confirm bearish momentum.
Our profit targets will be 13672 and 13572
Resistance: 13800 / 13900 / 14000
Support: 13700 / 13630 / 13550
DOW JONES - Update - Video Top-Down AnalysisHello everyone, this is Rich, I promise to keep sharing original content here on TradingView. My Second Home!
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Here is the top-down analysis for DOW JONES, feel free to request any pair/instrument, or ask any questions in the comment section below.
Best of luck!
DAX - DE30 testing its All-Time-High!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on WEEKLY: DAX is sitting around strong resistance and all-time high in green so we will be looking for sell setups on lower timeframes.
on H4: DAX is forming a channel in red so we are waiting for a new/third swing to form around it to consider it objective/valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the green zone.
As price approaches our lower blue support, we will be looking for buy setups.
Good luck!
DOW JONES, we are still looking for sell setups!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for DOW JONES, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
GER30 Sell a break setup.GER30 - Intraday - We look to Sell a break of 13759 (stop at 13831)
We are trading at overbought extremes.
A higher correction is expected.
A break of 13770 is needed to confirm follow through negative momentum.
With signals for sentiment at overbought extremes, the rally could not be extended.
Our profit targets will be 13543 and 13413
Resistance: 13900 / 14000 / 14100
Support: 13770 / 13630 / 13550
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 13452 (stop at 13356)
Daily signals are bullish.
We look for a temporary move higher.
Short term RSI is moving higher.
Bespoke resistance is located at 13700.
Our bias remains bullish and further upside is expected to target resistance at 13700.
Our profit targets will be 13738 and 13848
Resistance: 13400 / 13500 / 13600
Support: 13300 / 13200 / 13100
DAX - DE30 video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
DAX - the huge bearish gapThe German DAX index has opened with a huge bearish gap. Thus, the market seems to fall below the key support level at 13452 which has been a previous resistance. Currently, the market is testing another potential support at 13022. However, if it is broken we may expect another sell-off with a potential target at a previous gap near 50 percent Fibo retracement.
If this gap is filled the correction may be finished and a new upward movement may be created in the near future. From the larger perspective, the DAX index may also create a potential inverted head and shoulders pattern.
________
Daniel Kostecki, Chief Analyst Conotoxia Ltd.
Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.
81% 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.
DAX (DE30) Short position analysisDE30 (DAX)
- On the weekly timeframe Dax failed to cover the Gap from FEB/2020
- With a bearish Doji candlestick pattern possible price reversal towards 0.382 FIb.
- 14RSI is Weak and couldn't break (divergence)
DAX settings for end of 2020 - 2021Hi guys,
after analyzing with market and volume profile, i see following important sell and buy zones.
Markets fairest and most traded price before COVID was about 12330. In my opinion markets are overshooting since latest vaccine news so my settings are short from these levels.
I'm going to load longs below 12870.
Happy trading, take care about money management and dont overtrade!
Merry Christmas and a happy and healthy new year :)
My best wishes
DAX video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
DAX - broken supportGerman index DAX has broken first potential support at 13167. It has been set by the equality of the corrective movements. Currently the market is at the next potential support set by previous local lows near 13000 pts.
If it is broken we may expect a larger correction with key support set by the bullish gap and by the 38,2 Fibo retracement. It could also be a potential right shoulder within a huge inverted head and shoulders pattern.
________
Daniel Kostecki, Chief Analyst Conotoxia Ltd.
Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.
81% 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.
DOW JONES Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: DOW JONES is sitting around strong resistance in blue and round number 3000.0 so we will be looking for sell setups on lower timeframes.
on H1: DOW JONES formed an objective wedge pattern in red so we are waiting for a momentum candle close below its last swing to sell.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
DAX - below resistance and above supportThe DAX index has tested first potential support at 13170 where the equality to previous correction is set. We are talking about one to one correction or running correction. It seems that only a move below this level may open the way to the next potential support set by 23,6 Fibo retracement or the bullish gap near 38,2 Fibo retracement.
However, the German index is also below key resistance at 13452. It seems that only a move above it may be a potential signal for the buyers to continue the recent rally.
________
Daniel Kostecki, Chief Analyst Conotoxia Ltd.
Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.
81% 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.
DE30 - Hitting a strong resistanceNice move up from earlier lows. Hitting the earlier highs and a strong resistance level.
Keep an eye out for the next move.
ridethepig | DAX sufferingAn interesting development on DAX after the planned highs last week. We will go through what does it mean, how is this an advantage to sellers and when is it appropriate to add to the position. The same focus can be applied across the global equity board.
Resistance can also be conceived with the presence of stimulus; but total restraint, which reigns from lockdowns stretching into another 3 weeks for Germany will give buyers breathing difficulties...To what extent, should we ask, is this an advantage that we can capitalise on and how unpleasant will that be for buyers?
Our very short-term range is +/- 15% ... so although from a timing perspective we are compact, the yield connected with such a wide range is apparent. The main mid-term and long-term range is even clearer:
📍 Rule: when loading on the short-term understand the position our opponent poses in the mid and long term, to further understanding of scope and whether taking the position is worthwhile..
With this in mind, in the long-term macro chart in euro I posted back in 2018... yes 2018... it was about buyers attempting to trap their opponent into a selloff before continuing the legs higher.
With a completion of the moves in euro, the formation of the hammer in Germany equities can finally advance with 1.20xx and 1.21xx cleared. But there is no-stopping the digital euro into 2021 and thus the attempt to cancel the currency remains under pressure:
As well as active pressure from the currency, there is also the concept of lockdowns and further static economic growth from Germany. We must distinguish from whether this is a short lived -15% selloff or a sustained economic cycle down. Send the troops, time will tell.
Thanks as usual for keeping the feedback coming 👍 or 👎