As you can see the 100 EMA is a resistance which stopped the Dax going into a long trend multiple times!
at the other side there is the green zone which could signalize a down trend if it gets broken through
Dax have to decide long or short?
the decision isn`t far
at the other side there is the green zone which could signalize a down trend if it gets broken through
Dax have to decide long or short?
the decision isn`t far
Comment:
Well resistance downtrend line got to a support trend line.
I wait for a short breakout!
I wait for a short breakout!
can we break it?