GER40 (DAX) Trading Plan for Today | Jan 29
GER40 (DAX) Trading Plan for Today | Jan 29
Todays session opened in a mixed structure:
price opened above the key level at 24,852,
with the level positioned on the edge of the Point of Control.
Because of this uncertainty, higher timeframe context becomes critical.
Additional charts:



Higher timeframe context
From a weekly perspective:
the market initially opened below the key weekly level,
with the level below the Point of Control,
giving an early short bias.
However:
buyers stepped in aggressively,
price impulsively reclaimed and accepted above the key weekly level,
the broader structure remains bullish.
Based on this, I currently favor long positions.
Intraday plan (long)
Primary target:
upper daily long zone: 24,974 25,040
In this area, I expect:
partial profit-taking,
potential seller reaction.
As long as price holds above 24,852, the long bias remains valid.
Acceptance back below this level would shift focus back toward shorts.
This is not financial advice. Risk management is required.