tradeCompass – DAX Futures (FDAX1!) Analysis
Current Price: 22,545 (at the time of analysis)
Key Levels and Trade Orientation
Bullish above: 22,775 (value area just above VAH of February 19th)Bearish below: 22,684 (VWAP of February 19th)At the time of analysis, price is already in bearish territory. Traders seeking entry points may consider 22,560, which is just below the value area high of today and two trading days ago.
Using tradeCompass as an Orientation Tool
This analysis provides key price levels where market participants are expected to react. Traders can use these levels to refine entries and exits according to their own strategy and timeframe.
Bullish Profit Targets for DAX Futures Today
22,861 – Just below POC and VAH of February 17th23,024 – Significant resistance level23,195 – Just below the third upper standard deviation of VWAP (Feb 19th)Bearish Profit Targets for DAX Futures Today
22,360 – Just above VWAP of Friday22,252 – Just above VAH of February 12th22,143 – Another level just above VAH of February 12th22,072 – Just above VAL of February 12th21,930 – Just above VAL of February 10th21,735 – Just above VAL of February 16th21,520 – Just above key POC level of February 5thDAX traders, do note:
Trade the DAX at your own risk.This is an orientation tool to help traders understand market structure and potential reaction zones.Stay open to both bullish and bearish scenarios based on how price interacts with the key thresholds.Stay tuned for more tradeCompass updates at ForexLive.com
This article was written by Itai Levitan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Trading the DAX Futures Today by tradeCompass )
Also on site :
- ‘This is murder': Family remembers victims killed in Austin fire as 4th body recovered
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SGMA, NVEE, SOAR, PLL on Behalf of Shareholders
- Ilona Maher Gets Invite to Dance With Coco Gauff and Aryna Sabalenka