Dax is reaching a point of maximum pressure. Eyes wide open.
Comment:
Very interesting, we can see in 1H chart how are DAX is trying to find a weak point to cross this level of resistance and reach the MLevel. Beautiful
Comment:
We have effectively touched the MLevel in the 1D chart, which tells me that we could be finishing this movement and close or go short. However there is an important difference with the 1H that indicates the possibility of reaching up to 13227/13300 as the maximum extension of the MLevel.
I will have to watch and wait for signs, but so far so good.
I will have to watch and wait for signs, but so far so good.
Comment:
In the 1D chart we still over the support angle. It will be important to see how it reacts when approaching the blue uptrend angle.
I have to move carefully even if it looks like is losing strength, DAX still supported at this level. Still waiting for a good signal.
I have to move carefully even if it looks like is losing strength, DAX still supported at this level. Still waiting for a good signal.
Comment:
In the 1H chart we can see a "Push to the cross". Right in the center.
Trade closed: target reached
