Get started
Vincemushi

Bearish Bat completes

DAX PERFORMANCE-INDEX (INDEX:DEU40)  
Vincemushi  
INDEX:DEU40   DAX PERFORMANCE-INDEX
DAX Index Bat Harmonic Patterns analysis analyst
2
0
dax batpattern harmonicpatterns analysis analyst
Potential entry: watch until price rebound from the channel edge and pull back to 10255.29
SL 10447.01
Target 9919.58

In case price break the SL you can go long because there is a strong support at 10858.54

But somehow the chances are bearish and the price is above the 20,50 and 100 EMA so it is somehow in oversold state.

Trade with care. Thanks
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.