{"id":183402,"date":"2023-07-15T07:00:00","date_gmt":"2023-07-15T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=183402"},"modified":"2023-07-15T23:31:02","modified_gmt":"2023-07-16T06:31:02","slug":"dax-40-bull-inside-bar-at-ma","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/dax-40-bull-inside-bar-at-ma\/","title":{"rendered":"DAX 40 Bull Inside Bar at MA Final Flag or Wedge"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: DAX 40 Futures<\/h2>\n\n\n\n<p><strong>DAX futures<\/strong> moved higher last week with a bull inside bar reversing up from the moving average. It is a triangle on a lower time frame right in the middle of a TTR. We are alternating each week but if there is any more buying it should happen above this week launching off the MA. Bears see that most late bulls have had a chance to exit so will likely scale in shorts above.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">DAX 40 Futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> DAX chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Inside-Bar-at-MA-Final-Flag-or-Wedge-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Inside-Bar-at-MA-Final-Flag-or-Wedge-1.jpg\" alt=\"DAX 40 Bull Inside Bar at MA Final Flag or Wedge\" class=\"wp-image-183517\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Inside-Bar-at-MA-Final-Flag-or-Wedge-1.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Inside-Bar-at-MA-Final-Flag-or-Wedge-1-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Inside-Bar-at-MA-Final-Flag-or-Wedge-1-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Inside-Bar-at-MA-Final-Flag-or-Wedge-1-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Inside-Bar-at-MA-Final-Flag-or-Wedge-1-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Bull Inside Bar at MA, Final Flag or Wedge<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/germany-30-futures\" target=\"_blank\" rel=\"noreferrer noopener\">DAX 40 futures<\/a> last week was a bull inside bar at the MA. <\/li>\n\n\n\n<li>Bulls see a tight channel and now sideways, a possible final flag, but there is one problem. <strong>Which bulls are still in and looking for targets?<\/strong><\/li>\n\n\n\n<li>The March 20<sup>th<\/sup> BTC bulls hit a 3:1 &#8211; so they are out.<\/li>\n\n\n\n<li>May 15<sup>th<\/sup> BTC bulls bought more below and made money &#8211; so they are out.<\/li>\n\n\n\n<li>June 12<sup>th<\/sup> BTC bulls bought more below, and they broke even &#8211; so they are probably out.<\/li>\n\n\n\n<li><strong>What about bears?<\/strong><\/li>\n\n\n\n<li>Bears who sold June 19<sup>th<\/sup> had to sit through two pullback weeks. They might hold for a swing down to 15200 area. <\/li>\n\n\n\n<li>The small gap below this week is the next target bears need to close.<\/li>\n\n\n\n<li>It is a weak buy above an inside bar here, even though it is at the MA. There is a 1:1 target I have put above but they might be it.<\/li>\n\n\n\n<li>If the wedge plays out for bears then 14900 might be on. It is also near the start of the 3rd leg which is a magnet test target in a wedge.<\/li>\n\n\n\n<li>Bulls need a strong follow-through bar to break above the high and go for a MM above this tight range. But because the last two bull weeks broke even, they might wait for a MA Gap bar lower to buy.<\/li>\n\n\n\n<li>Expect sideways to up to see if there are buyers above the bull inside bar but expect it to fail.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> DAX chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Microchannel-Trading-Range-and-LH-DT.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Microchannel-Trading-Range-and-LH-DT.jpg\" alt=\"DAX 40 Bull Microchannel, Trading Range and LH DT\" class=\"wp-image-183533\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Microchannel-Trading-Range-and-LH-DT.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Microchannel-Trading-Range-and-LH-DT-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Microchannel-Trading-Range-and-LH-DT-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Microchannel-Trading-Range-and-LH-DT-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Microchannel-Trading-Range-and-LH-DT-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Bull Microchannel, Trading Range and LH DT<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/germany-30-futures\" target=\"_blank\" rel=\"noreferrer noopener\">DAX 40 futures<\/a> was a bear inside bar closing above its midpoint on Friday. <\/li>\n\n\n\n<li>Funny &#8211; bull inside bar on the week and bear inside bar on the daily!<\/li>\n\n\n\n<li>The bulls see a strong microchannel and probably buyers below. They saw the wedge bottom and DB and bought strongly targeting the highs of the trading range.<\/li>\n\n\n\n<li>Bulls have hit a swing target so we wonder how much higher it can go.<\/li>\n\n\n\n<li>The bears see a LH DT,  a possible MTR. Some bears see a break below the neckline of the H&amp;S but it reversed so strongly so that might have failed. <\/li>\n\n\n\n<li>They want a strong sell signal to swing down.<\/li>\n\n\n\n<li>But the bulls should get a second leg. <\/li>\n\n\n\n<li>The ATH bulls bought more lower and had a chance to exit breakeven. <\/li>\n\n\n\n<li>The July 3rd bulls scaled in, made money, and got out breakeven on their entry. <strong>So who is left?<\/strong><\/li>\n\n\n\n<li>Traders know that IB breakouts are less reliable, so the move up may be short-lived.<\/li>\n\n\n\n<li>Bears had a strong move down as well,<strong> so where is their second leg?<\/strong> That might be coming now. The pain trade might be up as bears get stuck again in this relentless bull run all year.<\/li>\n\n\n\n<li>Traders should be long or flat. Some bulls will exit a scalp below the inside bar. <\/li>\n\n\n\n<li>The MA is below so that might another layer of support to buy at. <\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: DAX 40 Futures DAX futures moved higher last week with a bull inside bar reversing up from the moving average. It is a triangle on a lower time frame right in the middle of a TTR. We are alternating each week but if there is any more buying it should happen above this [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":183517,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[1698,136],"tags":[1700],"class_list":{"0":"post-183402","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dax-40","8":"category-analysis","9":"tag-dax-40","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bull-Inside-Bar-at-MA-Final-Flag-or-Wedge-1.jpg","author_info":{"display_name":"Timothy","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/timfairweathercagmail-com\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/183402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/10339"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=183402"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/183402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/183517"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=183402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=183402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=183402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}