create account

DAX update 15.01.18 by ew-and-patterns

View this thread on: hive.blogpeakd.comecency.com
· @ew-and-patterns · (edited)
$123.74
DAX update 15.01.18
# I wanted to give a quick DAX update today, because any correction target above 12890 equals new alltime-highs in the DAX. It is that simple sometimes.
![chart-15012018-2007-DAX.png](https://steemitimages.com/DQmcjcewaSM5BfGg3DypmGhLyrdKfBRUPYWpXF3z1QhSPy4/chart-15012018-2007-DAX.png)
# The correction could actually be done already, but I am still expecting a second leg down for now.
# But I would not be shocked also, if I saw lots of bullpower in the coming days, because I see a bullish pattern called "three rising lows" in the 1 hour chart... This could indicate a trend reversal.
# I will make the next update when there is a trend reversal or the 78% retracement 12890 is breached.
# If I see the expected trend reversal, I will buy a big long position in the DAX.

# You can read my last DAX update here again if you want:
https://steemit.com/dax/@ew-and-patterns/dax-update-05-01-17
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
# I know many of you are waiting for BTC, SBD and STEEM updates, but right now is the calm before the storm. Nothing is happening yet, so there is no need for an update. I will post my next updates when the calm finally wears off and a decisive move is visible. In the meantime I am accumulating as much SBD as I can ;-) 

![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
If you think this to be useful information:
![DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif](https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif)
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
MUST READ!
DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is completely in your own responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept to never hold me accountable for any of your losses.


Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
properties (23)
authorew-and-patterns
permlinkdax-update-15-01-18
categorydax
json_metadata{"tags":["dax","blog","money","life","trading"],"users":["ew-and-patterns"],"image":["https://steemitimages.com/DQmcjcewaSM5BfGg3DypmGhLyrdKfBRUPYWpXF3z1QhSPy4/chart-15012018-2007-DAX.png","https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png","https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif"],"links":["https://steemit.com/dax/@ew-and-patterns/dax-update-05-01-17"],"app":"steemit/0.1","format":"markdown"}
created2018-01-15 19:29:00
last_update2018-01-15 19:30:09
depth0
children18
last_payout2018-01-22 19:29:00
cashout_time1969-12-31 23:59:59
total_payout_value108.243 HBD
curator_payout_value15.496 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length3,039
author_reputation138,703,829,387,626
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,774,690
net_rshares13,205,345,924,766
author_curate_reward""
vote details (47)
@aashishkandel ·
$0.23
thanks for the update !!
I couldn't read the patterns, but they seem positive to me
👍  ,
properties (23)
authoraashishkandel
permlinkre-ew-and-patterns-dax-update-15-01-18-20180115t203955497z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 20:39:54
last_update2018-01-15 20:39:54
depth1
children0
last_payout2018-01-22 20:39:54
cashout_time1969-12-31 23:59:59
total_payout_value0.209 HBD
curator_payout_value0.019 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length83
author_reputation4,731,147,170,715
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,786,946
net_rshares24,602,438,857
author_curate_reward""
vote details (2)
@ardox ·
great post. thanks for sharing
properties (22)
authorardox
permlinkre-ew-and-patterns-dax-update-15-01-18-20180115t192955865z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 19:29:57
last_update2018-01-15 19:29:57
depth1
children0
last_payout2018-01-22 19:29:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length30
author_reputation23,087,375,172
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,774,852
net_rshares0
@cryptosuf ·
thanks! can you check out XVG/USD?
scaring me ;(
properties (22)
authorcryptosuf
permlinkre-ew-and-patterns-dax-update-15-01-18-20180115t194125922z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 19:41:27
last_update2018-01-15 19:41:27
depth1
children4
last_payout2018-01-22 19:41:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length48
author_reputation905,197,410,664
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,776,867
net_rshares0
@ew-and-patterns · (edited)
$18.68
good! Because this means other people will be scared, too. Bearish sentiment is always good for an unexpected rise in value.
I checked it. If it is an abcde, then it will rise soon. If it is a zigzag (5-3-5), I expect 520 satoshi (7-5 cents).
Anyways I hodl lots of XVG too, and I am not scared. Willing to buy more if it drops.
👍  , ,
properties (23)
authorew-and-patterns
permlinkre-cryptosuf-re-ew-and-patterns-dax-update-15-01-18-20180115t194748553z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 19:47:51
last_update2018-01-15 19:49:27
depth2
children3
last_payout2018-01-22 19:47:51
cashout_time1969-12-31 23:59:59
total_payout_value14.019 HBD
curator_payout_value4.663 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length328
author_reputation138,703,829,387,626
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,778,067
net_rshares1,994,710,607,156
author_curate_reward""
vote details (3)
@cryptosuf ·
$0.31
thanks brotha!
lol I remember buying the "scared" sellers BTG when it hit $75 on hitbtc.... everyone was scared. I bought... 1-2 days later it went from $75 - $410...

You are very right about that. When people are scared, usually time to buy

thanks again!
👍  
properties (23)
authorcryptosuf
permlinkre-ew-and-patterns-re-cryptosuf-re-ew-and-patterns-dax-update-15-01-18-20180115t203105292z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 20:31:06
last_update2018-01-15 20:31:06
depth3
children2
last_payout2018-01-22 20:31:06
cashout_time1969-12-31 23:59:59
total_payout_value0.252 HBD
curator_payout_value0.058 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length257
author_reputation905,197,410,664
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,785,450
net_rshares33,384,357,586
author_curate_reward""
vote details (1)
@fauzanhaikal ·
Good post preinds
properties (22)
authorfauzanhaikal
permlinkre-ew-and-patterns-dax-update-15-01-18-20180115t211607149z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 21:16:12
last_update2018-01-15 21:16:12
depth1
children0
last_payout2018-01-22 21:16:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length17
author_reputation781,908,924,540
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,793,031
net_rshares0
@kebin ·
Ive been searching for sbd updates and saw you ..thank i really need to follow you for more updates on the markets..
properties (22)
authorkebin
permlinkre-ew-and-patterns-dax-update-15-01-18-20180115t194157141z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 19:41:57
last_update2018-01-15 19:41:57
depth1
children0
last_payout2018-01-22 19:41:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length116
author_reputation1,748,915,582,569
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,776,959
net_rshares0
@martiniman ·
What do you think about Oil? When will we have a correction?
properties (22)
authormartiniman
permlinkre-ew-and-patterns-dax-update-15-01-18-20180115t193412749z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 19:34:18
last_update2018-01-15 19:34:18
depth1
children1
last_payout2018-01-22 19:34:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length60
author_reputation-80,376,813,016
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,775,629
net_rshares0
@ew-and-patterns · (edited)
$18.76
I expect 76$ Brent Oil, before there could be a significant correction. Actually on the weekly chart it looks like 90$ could be possible too, but I don't really expect it as of yet. I only trade Brent. It is already quite overbought for no reason really. All the related news is BS. This is a short sqeeze based on elliot wave patterns.
👍  
properties (23)
authorew-and-patterns
permlinkre-martiniman-re-ew-and-patterns-dax-update-15-01-18-20180115t194014544z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 19:40:18
last_update2018-01-15 19:40:39
depth2
children0
last_payout2018-01-22 19:40:18
cashout_time1969-12-31 23:59:59
total_payout_value14.072 HBD
curator_payout_value4.687 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length336
author_reputation138,703,829,387,626
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,776,656
net_rshares2,002,335,918,894
author_curate_reward""
vote details (1)
@prakashghai ·
whats your view on Dow Jones?

isnt that index overbought?
properties (22)
authorprakashghai
permlinkre-ew-and-patterns-dax-update-15-01-18-20180116t184255194z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-16 18:42:57
last_update2018-01-16 18:42:57
depth1
children0
last_payout2018-01-23 18:42:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length58
author_reputation20,465,565,974,840
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id30,002,163
net_rshares0
@sirkim ·
So how long is this season of calm? And at how much do you think bitcoin will correct itself to? When will be the best time to invest. Very new at this !
properties (22)
authorsirkim
permlinkre-ew-and-patterns-dax-update-15-01-18-20180115t194843967z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 19:48:42
last_update2018-01-15 19:48:42
depth1
children1
last_payout2018-01-22 19:48:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length153
author_reputation180,913,207,869
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,778,228
net_rshares0
@ew-and-patterns ·
$18.59
I can't give investment advice or exact timings. But I always show my readers, what I am doing and thinking. Every coin I talk about is also part of my portfolio. I hodl 85 different coins...
I only buy a coin when in red. When I see a coin that I own 20-30% down in one day, this is an auto buy for me. Without even thinking about it...
👍  
properties (23)
authorew-and-patterns
permlinkre-sirkim-re-ew-and-patterns-dax-update-15-01-18-20180115t195510693z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 19:55:15
last_update2018-01-15 19:55:15
depth2
children0
last_payout2018-01-22 19:55:15
cashout_time1969-12-31 23:59:59
total_payout_value13.946 HBD
curator_payout_value4.643 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length337
author_reputation138,703,829,387,626
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,779,455
net_rshares1,984,891,217,678
author_curate_reward""
vote details (1)
@steemfirst ·
As am seeing the chart a trend reversal will going to happen very soon if am to say.thanks for update on DAX,very helpful guide in trading DAX.
properties (22)
authorsteemfirst
permlinkre-ew-and-patterns-dax-update-15-01-18-20180115t193810278z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 19:38:15
last_update2018-01-15 19:38:15
depth1
children0
last_payout2018-01-22 19:38:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length143
author_reputation263,101,759,080
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,776,323
net_rshares0
@usmanzeb ·
thanks for the update . . . . it helps alot
👍  
properties (23)
authorusmanzeb
permlinkre-ew-and-patterns-dax-update-15-01-18-20180115t193011885z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-15 19:31:00
last_update2018-01-15 19:31:00
depth1
children0
last_payout2018-01-22 19:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length43
author_reputation-37,759,519,799
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,775,058
net_rshares552,475,301
author_curate_reward""
vote details (1)
@ycgavidia ·
Thank you @ew-and-patterns. For that informating
👍  ,
properties (23)
authorycgavidia
permlinkre-ew-and-patterns-dax-update-15-01-18-20180115t193820246z
categorydax
json_metadata{"tags":["dax"],"users":["ew-and-patterns"],"app":"steemit/0.1"}
created2018-01-15 19:35:03
last_update2018-01-15 19:35:03
depth1
children0
last_payout2018-01-22 19:35:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length48
author_reputation1,459,001,909
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,775,781
net_rshares1,084,377,817
author_curate_reward""
vote details (2)
@zafar82 ·
nice
properties (22)
authorzafar82
permlinkre-ew-and-patterns-dax-update-15-01-18-20180116t175337510z
categorydax
json_metadata{"tags":["dax"],"app":"steemit/0.1"}
created2018-01-16 17:53:39
last_update2018-01-16 17:53:39
depth1
children0
last_payout2018-01-23 17:53:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length4
author_reputation3,326,713,931,237
root_title"DAX update 15.01.18"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id29,993,851
net_rshares0