DAX INDEX Futures (FDAX1!), H4 Potential for Bearish DropType : Bearish Drop
Resistance : 13802
Pivot: 13452
Support : 13013
Preferred Case: On the H4, with price breaking the ascending channel and MACD histograms are moving below zero, we have a bearish bias that price may drop from our pivot at 13452 where the 23.6% fibonacci retracement is to the 1st support at 13013 where the overlap support and 50% fibonacci retracement are.
Alternative scenario: Alternatively, price could break pivot structure and rise to 1st resistance at 13802 where the swing high resistance and 61.8% fibonacci retracement are.
Fundamentals: USD CPI m/m will release today, the potential tighten monetary policy may lead to European stock markets edged down.
FDXM1! trade ideas
DAX INDEX Futures (FDAX1!), H4 Potential for Bearish DropType : Bearish Drop
Resistance : 13802
Pivot: 13452
Support : 13013
Preferred Case: On the H4, with price breaking the ascending channel and MACD histograms are moving below zero, we have a bearish bias that price may drop from our pivot at 13452 where the 23.6% fibonacci retracement is to the 1st support at 13013 where the overlap support and 50% fibonacci retracement are.
Alternative scenario: Alternatively, price could break pivot structure and rise to 1st resistance at 13802 where the swing high resistance and 61.8% fibonacci retracement are.
Fundamentals: USD CPI m/m will release today, the potential tighten monetary policy may lead to European stock markets edged down.
FDAX UpdateAlong with the US market, EUropean market also reversed this morning.
Potential for a gap down tomorrow, especially if the US market finishes red. CPI Wed, and there's really no compelling reason for Europe to rally considering they will go into a recession by winter. I hope they like cold showers in the winter, they've got no natural gas....
Micro DAX Futures (FDXS1!), H4 Potential for bullish riseType : Bullish Rise
Resistance : 14216
Pivot: 13674
Support : 13348
Preferred Case: On the H4, with prices moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 13674 where the pullback support is to the 1st resistance at 14216 where the 78.6% fibonacci retracement and 78.6% fibonacci projection are.
Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 13348 where the overlap support, 100% fibonacci projection and 38.2% fibonacci retracement are.
Fundamentals: Due to concerns of inflation , we have a bearish view on the DAX Index . We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.
Micro DAX Futures (FDXS1!), H4 Potential for bullish riseType : Bullish Rise
Resistance : 14216
Pivot: 13674
Support : 13348
Preferred Case: On the H4, with prices moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 13674 where the pullback support is to the 1st resistance at 14216 where the 78.6% fibonacci retracement and 78.6% fibonacci projection are.
Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 13348 where the overlap support, 100% fibonacci projection and 38.2% fibonacci retracement are.
Fundamentals: Due to concerns of inflation, we have a bearish view on the DAX Index . We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.
DAX 4 hour : above green arrow dont fear pick buy if… when price touch near green arrow , wait PINBAR comes on 1hour or 4hour or daily chart , then inter buy
SL = pinbar low or 40.00 point
note = on dax AC indicator on 4hour is very very important (on gold daily is important)
personaly i belive dax going to top 16000 again so be careful from sell
wish you win , always use very very low size and fix size (make your tp and wait big )
DAX SPX Nasdaq - some rising wedges - some bearish divergencesDAX SPX Nasdaq - some rising wedges - some bearish divergences
Not a really bullish cocktail at all - all indices at the critical support line a the moment
Some hours of trues dear Crypto Nation?
Will keep you updated - nothing happened yet
*not financial advice
do your own research before investing
DAX Futures (FDAX1!), H4 Potential for bullish riseType : Bullish Rise
Resistance : 14222
Pivot: 13674
Support : 13341
Preferred Case: On the H4, with prices moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise to the pivot at 13674 where the pullback resistance is. Once there is upside confirmation of price breaking pivot structure, we would expect bullish momentum to carry price to 1st resistance at 14222 where the 78.6% fibonacci retracement and 78.6% fibonacci projection are.
Alternative scenario: Alternatively, price could drop to the 1st support at 13341 where the overlap support and 38.2% fibonacci retracement are.
Fundamentals: Due to the House Speaker Nancy Pelosi's trip to Taiwan capital, Taipei, the DAX Index is exposed to downside risk and we have a bearish view on the DAX Index . We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.
DAX FUTURES (FDAX1!), H4 Potential for Bullish RiseType : Bullish Rise
Resistance : 13814
Pivot: 13348
Support : 13004
Preferred Case: On the H4, with price moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from our pivot at 13348 in line with overlap support to the 1st resistance at 13814 where the 61.8% fibonacci retracement , 127.2% fibonacci extension and 78.6% fibonacci projection are.
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13004 where the pullback support, 50% fibonacci retracement and 100% fibonacci projection are.
Fundamentals: Due to the House Speaker Nancy Pelosi's trip to Taiwan capital, Taipei, we have a bearish view on the DAX index . We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.
DAX FUTURES (FDAX1!), H4 Potential for Bullish RiseType : Bullish Rise
Resistance : 13814
Pivot: 13348
Support : 13004
Preferred Case: On the H4, with price moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from our pivot at 13348 in line with overlap support to the 1st resistance at 13814 where the 61.8% fibonacci retracement, 127.2% fibonacci extension and 78.6% fibonacci projection are.
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13004 where the pullback support, 50% fibonacci retracement and 100% fibonacci projection are.
Fundamentals: Due to the House Speaker Nancy Pelosi's trip to Taiwan capital, Taipei, we have a bearish view on the DAX index. We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.
DAX: Deep BreathDAX should draw a deep breath because it has quite the way downwards coming up. We expect the index to head for the support at 12425 points, crossing it to dive into the green zone between 12140 and 11150 points, where it should finish wave 2 in green. Afterwards, DAX should take off again, climbing not only back above 12425 points but also above the resistance at 13682 points. There remains a 33% chance, though, that the index could surmount the resistance at 13682 points earlier already.
FDAX Bull ScenarioQuite frankly I'm bearish on Europe fundamentals but the market has sown strength even while US tech stocks tank. We haven;t seen a huge gap down because Europe wants to go up.
Anyways, plotted the bull scenario. The bear scenario is obviously a tank, lol. For whatever reason, having no natural gas is bullish for them? LOL.