Trading2ez
Short

DAX on all the way down?

XETR:DAX   DAX Index
Beautiful chance my friends!

If the resistance of our double-top-pattern gets confirmed it`s time to sell. :-)

Take a look at the 1h Chart and see the Breakout of the Up-trend-Channel.
I dunno how to add more charts. ;-)

Peace and good trades
Comment: The DAX just got pushed by fundamental news. Jerome Powel said the economy is doing great and the FED which means that the FED can stick to its plan to increase the interest rates in the U.S.! DAX climbed with US Indices plus Dollar-strenght got EUR in problems so far. ;-) Best conditions for DAX-price to raise. Let`s see what happens =)
Comment: 61,8% retracement was important for the market and the market immediatly safed profits. Turn possible..

Comments

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