DAX - Head and Shoulders Pattern

#DAX - Alert - We heading again like Friday to the lower #Bouhmidi-Band. Reversion like in #Gold in the morning?
#volatility

Der Dax hat sich gut erholt von dem Corona bedingten Crash und wird jetzt die starke resistance bei 15000 euro retesten. Vorsorglich würde ich ihnen raten zu verkaufen um Verluste zu vermeiden. Kurzzeitig werden sie noch eine stolze Rendite von 10 Prozent erwarten können.

Lg Henrik M.S

Weekly chart of dax shows, the uptrend is still in place. Longterm resitances where broken and now the way is ready for new all time highs!

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The Dax has rebounded significantly over the past few trading sessions as it edges back up toward all time highs despite weaker EU and US data. This has been due to the impact of stimulus though a pullback could be imminent whilst the index is below the 14,000 psychological level in particular with the EUR strengthening as the Dax is an export driven index.

The German index DAX has been forming a potential head and shoulders pattern with possible right shoulder forming right now. Looking at the chart we could spot the nearest potential resistance at 13985 USD. This is the area where the right shoulder may end. If it happens we could expect a downward movement.

The first confirmation for the head and shoulders pattern will be a breakout of the neckline. If it is broken the market could fall to the textbook target at 13146. It seems that only a move above the recent high at 14131 may change the described scenario.
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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.

76.44% 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.

Could see further pull back to 13691 ICT OTE for cheapest discount then buying all the way to 14132 for maximum profit.

Over in Germany, DAX is showing some major signals that are strongly bullish . We are especially excited about this index, given the technicals and the fractal morphology of this combination. Macroeconomically there is a whole array of reasons, as to why this might be happening from the dropping dollar to climbing consumer confidence. In our experience, fractal analysis can at times be that canary in the coalmine before the macro economics may make the whole picture even more apparent. With DAX we are looking to climb further 14.4k to 15.5k or thereabouts. Goodluck to eveyone!

-> Analysis of 16 Jan.

-> Hello my Friends, this is my Month-Chart Analysis to DAX Index . -> (all further information can be found in the chart)

-> Please note: These analyses are not intended as investment recommendations! The analyses presented by me are in no way to be understood as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. Many thanks for your attention

STIL OUR TARGET IS 14400 THEN 17000
DAX SECRET SAVE ON YOUR MIND =WHEN DAX ,DOW IS ABOVE EMA200 DAILY (ORANGE LINE) NEVER SEEEEEEELLLLLLLLLLL ,,,, ONLY LOOKING FOR BUY IN LOW OR BUYSTOP ON 15MIN HIGH

for daily analyse see use= FDAX1! idea , check it on 11:00 am CET
https://www.tradingview.com/symbols/EUREX-FDAX1!/ideas/?sort=recent

hurdle of dax has been a while... some minor weakness spotted on break of current support channel concurrently with lockdown implementation at germany. im bias to short but at the same time seeking oportunity to long around 13700-13800 with tight stoploss at 13600. Short at 14000 -14100 with sl at 14500 an tp to the floor 9k.

Wolfe Wave detected in German DAX .
ETA 18. 01 .2020
EPA ~ 13.350

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DAX INDEX


We contributed a strong buying power because it penetrated a region Bounce back with a strong candle and that's our signal to enter into purchases

With all vaccine turbulences (how many doses can each country get, bureaucracy and so on) and covid19 cases going up in Germany (lockdown already updated until January 31), could we expect the formation of a H&S pattern by the end of next week? Also, Deutsche Bank is insanely overvalued at 9.530€.

SELL

Die is op shorter time frames

Langer time frames

Sorry for one of my friends!!! did not know how to share video private

After a series of volatile up and down sessions, Dax has managed to post a clear break above the 13800 level, making a new all time high. Expect the 13800 to now act as support in case of retracement. The move higher should target the 14700 area.

dax

The Dax has dropped significantly in today's trading session after reaching all time highs last week on the back of the Brexit deal and US stimulus. The strong of possibility of Germany and other European countries imposing stricter lockdowns and the subsequent impact on their economies could lead to the index dropping further and challenging support at 13,000.

DAX H16: BEST Level to SHORT IT +1000/+1500 points(SL/TP)(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: DAX 16hour/candle chart review
::: bearish fractal in progress now
::: setup still valid as of today
::: new wave of global lockdowns
::: upside limited from here
::: short-term limited upside
::: HOWEVER heavy resistance overhead
::: 13 400 strong resistance
::: get ready to SHORT from overhead
::: BEARS will take over soon
::: lower risk setup is SHORT
::: get ready to SHORT HIGH later
::: once we hit resistance at 13 400
::: TP BEARS TP1 +1000 points TP2 +1500 points
::: SHORT/HOLD setup with great risk:reward
::: BEARS TP FINAL is 11 800
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: 13 400 reversal level to SHORT IT
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 11 800 fresh demand zone
::: 13 600 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS

#DAX30 - Perfect start to the #DayTrading year. After testing the upper #Bouhmidi band, the $DAX went down sharply again with US opening and is now back in the range. Trading #volatility with #Bouhmidi-Bands can give you nice value added for your tradingstyle.

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Negative RSI divergens
Stopp at(over) ATH
TP1: 13500
TP2: 13240

Hey Guys,

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Let's see when they lock the

..