DE30EURif the market Broke Resistance 2 will Go to Resistance 3
And if the broke that final STRONG will Go UP
GERMANY 30
GER30 -Long & Short PositionThis is a trade idea for GER30 and for educational purposes only. Past performance doesn't guarantee future results.
DE30 Sell the resistance.GER30 - Intraday - We look to Sell at 15336 (stop at 15381)
Pivot resistance is at 15350.
Bespoke resistance is located at 15330.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
Our profit targets will be 15204 and 15154
Resistance: 15300 / 15330 / 15370
Support: 15250 / 15200 / 15150
DE30 - DiscountsI would ideally like the price to come down and wipe out some of the minor higher lows created before bouncing from the order blocks to the previous high.
DE30 Buy the support.GER30 - Intraday - We look to Buy at 15123 (stop at 15074)
Daily signals are bullish.
We look to buy dips.
Following yesterday's bullish candle, the overall trend higher looks set to continue today.
We look for a temporary move lower.
Our profit targets will be 15269 and 15299
Resistance: 15200 / 15250 / 15300
Support: 15150 / 15120 / 15090
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15222 (stop at 15179)
Daily signals are bullish.
A break of 15220 is needed to confirm follow through bullish momentum.
Pivot support is at 15085.
Dips continue to attract buyers.
Our profit targets will be 15339 and 15369
Resistance: 15200 / 15250 / 15300
Support: 15120 / 15085 / 15000
Elliott Wave Analysis: German DAX Remains In The UptrendHello traders and investors!
Today we will talk about very nice and clean Elliott Wave pattern on German DAX, where we can see a clear impulse in progress.
We are tracking an impulsive five-wave cycle from 13300 lows nicely connected within channel range. And, after recent (A)-(B)-(C) corrective decline in wave 4, seems like DAX can be on the way even higher for wave 5 towards 15700 - 16000 area.
Today we have seen a perfect rebound from the channel support line, previous wave 1) swing high and 38,2% Fibonacci retracement, which clearly indicates for a bullish continuation back to highs.
Always Keep It Simple!
Trade smart!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Wednesday: DAX - Week 18I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
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💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: DAX - week 18I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: DAX - Week 18I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
German Dax index (DE30) intraday setup
DE30 is currently in a Minuette-v correction. After a bearish impulse move price got rejected within 61.8% fibo retracement which is also a minor resistance. Price is again headed towards that zone and I'll be waiting for a convincing impulse back down. Since it is Minuette-v correction, I will keep my target below Minuette-iv
If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
If there's any ambiguity then I will not place this trade.
DE30 Buy the uptrend.GER30 - Intraday - We look to Buy at 15281 (stop at 15239)
Daily signals are bullish.
Our short term bias remains positive.
The trend of higher lows is located at 15280.
Dips continue to attract buyers.
We look to buy dips.
Our profit targets will be 15396 and 15436
Resistance: 15350 / 15375 / 15400
Support: 15330 / 15300 / 15250
DE30 buy the dip.GER30 - Intraday - We look to Buy at 15181 (stop at 15129)
Daily signals are bullish.
We look to buy dips.
Pivot support is at 15176.
The previous swing low is located at 15160.
20 1day EMA is at 15157.
Our profit targets will be 15323 and 15363
Resistance: 15300 / 15350 / 15375
Support: 15280 / 15250 / 15200
DE30 Buy the dip.GER30 - Intraday - We look to Buy at 15366 (stop at 15319)
Daily signals are bullish.
Previous resistance, now becomes support at 15375.
Pivot support is at 15375.
20 4hour EMA is at 15366.
We look to buy dips.
We can see no technical reason for a change of trend.
Our profit targets will be 15498 and 15548
Resistance: 15450 / 15500 / 15550
Support: 15400 / 15350 / 15300
GER30 Buy the dip.GER30 - Intraday - We look to Buy at 15101 (stop at 15033)
Daily signals are bullish.
We can see no technical reason for a change of trend.
A lower correction is expected.
We look to buy dips.
50 4hour EMA is at 15090.
Support is located at 15100 and should stem dips to this area.
Our profit targets will be 15284 and 15348
Resistance: 15280 / 15375 / 15400
Support: 15180 / 15100 / 15050
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15282 (stop at 15214)
Daily signals are bullish.
Broken out of the wedge formation to the upside.
A break of bespoke resistance at 15260, and the move higher is already underway.
We look for gains to be extended today.
We can see no technical reason for a change of trend.
Our profit targets will be 15478 and 15558
Resistance: 15260 / 15300 / 15375
Support: 15200 / 15160 / 15100
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15303 (stop at 15232)
Daily signals are bullish.
We can see no technical reason for a change of trend.
Broken out of the wedge formation to the upside.
We look for gains to be extended today.
A break of bespoke resistance at 15300, and the move higher is already underway.
Our profit targets will be 15496 and 15556
Resistance: 15300 / 15375 / 15400
Support: 15200 / 15170 / 15100
DE30 sell opportunityI see a sell to fill the gap below, the DAX has seen all time-highs going into this week and although it has the potential to continue up to 15500 at some point I believe a retracement is its next major move.
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15081 (stop at 15026)
Daily signals are bullish.
We are trading at overbought extremes.
We can see no technical reason for a change of trend.
Posted a bullish Flag formation.
A break of 15080 is needed to confirm the outlook.
We look for gains to be extended today.
Our profit targets will be 15231 and 15321
Resistance: 15070 / 15150 / 15200
Support: 15000 / 14950 / 14900
DE30 Sell the trend of higher highs.GER30 - Intraday - We look to Sell at 14777 (stop at 14831)
The trend of higher highs is located at 14770.
Pivot resistance is at 14810.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 14631 and 14581
Resistance: 14750 / 14780 / 14810
Support: 14700 / 14630 / 14570
