Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
DAX, as we clearly see price trading inside this bullish channel
Making clean higher highs and higher lows RIGHT!
However, price is approaching a massive resistance zone where we will be searching for bearish reversal
So, for the bears to kick in we need a break below this major swing low marked in the picture
Until that happens, we are still bullish, and we can still trade higher before reversal!
If you like this kind of analysis don't forget to like and follow
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
DAX, as we clearly see price trading inside this bullish channel
Making clean higher highs and higher lows RIGHT!
However, price is approaching a massive resistance zone where we will be searching for bearish reversal
So, for the bears to kick in we need a break below this major swing low marked in the picture
Until that happens, we are still bullish, and we can still trade higher before reversal!
If you like this kind of analysis don't forget to like and follow
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
Comment:
Glad to see you there: t.me/Snipers_F_x