mazoto

DAX XETR: Reversal candle and move down?

Short
XETR:DAX   DAX Index
XETR:DAX

On my chart, you can see that my indicator, based on Sequential TD , signals a downward movement, as indicated by the falling star candle. There is nothing more to say, there will be a good deal.

Indicators that I attached to this chart are urgently shouting about the sale. But do not forget about stop orders.
Trade closed: target reached: We closed the position with a small profit. Good luck!

Comments

Good observed mate, u may have a point there.... next days and week will show :)
Reply
mazoto skrotkalle
@skrotkalle, thank you for your opinion. What do you think? What movement will have a DAX index? I have to admit, I do not trade this index, only the analyst.
Reply
@mazoto, I'm paying a close look at level 11525 - 11650, in much smaller TF like 15 & 30min now. Just to see if any weakness or strength, could lead to any clue or view for the next coming move. But it's still a wait and see, what those next daily candles will bring. It's no rush to make any big betts yet, we need more evidence, and u'r view was most welcome now > falling star + u'r indicator signals downward = good :)
Reply
skrotkalle skrotkalle
@skrotkalle, ok, I did make one published idea about my view now....
Reply
mazoto skrotkalle
@skrotkalle, I was not mistaken? Glad to help you :)
Reply
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