DAX 40 Index Technical Analysis

5 mar

DAX 40 Index Technical Analysis

Market Profile Insights
Value Area Analysis

• Trading ABOVE yesterday's value area high
  
• Seeking extension from Monday's Point of Control (POC)
  
• Anticipating potential reaction zones at Monday's High Volume Nodes (HVNs)
  
• Current price positioning suggests bullish market sentiment
  

Trade Parameters

• Entry Point: 22,833.71
  
• Target Price: 23,356.52
  
• Stop Loss: 22,572.31
  
• Risk-Reward Ratio: 1:2
  

Technical Narrative

• Price breaking through previous resistance levels
  
• Showing strength by trading above key market profile structures
  
• Volume profile indicates institutional accumulation
  
• Momentum suggesting potential trend continuation
  

Entry Confirmation Criteria

• Multiple timeframe alignment
  
• Strong volume profile
  
• Market profile structural support
  
• Momentum indicator confirmation
  

Risk Management Considerations
Monitor reactions at previous HVNs
Use market profile levels for dynamic stop management
Be prepared for potential consolidation zones

Conclusion
High-probability bullish setup with robust market profile confirmation. Disciplined, structure-based approach recommended.

6 mar

Trade chiuso: obiettivo raggiunto

Target reached, on to the next one.