DAX is approaching our first resistance at 11867 (61.8%, 100% fibonacci extension, 38.2% fibonacci retracement, horizontal overlap resistance) where a strong drop might occur pushing price down to our major support at 11066 (Horizontal swing low support, 100% fibonacci extension).
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price.
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price.
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📓📓Learn Fractal-Based Order Flow:
ofa-course.com
🧑🏫🧑🏫 Author of the Fractal-Based Order Flow Script:
tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)
ofa-course.com
🧑🏫🧑🏫 Author of the Fractal-Based Order Flow Script:
tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)
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.
