TheSignalyst

DAX - Don't Sell Now!

Short
CURRENCYCOM:DE30   DAX 30
Hello everyone, if you like the idea, do not forget to support with a like and follow.

on DAILY: DAX is sitting around a strong round number 14000 area in green and All-Time-High so we will be looking for sell setups on lower timeframes.

on M30: DAX is forming a wedge pattern in gray but it is not valid yet so now we are waiting for a third swing to form around it to consider it valid.

Trigger: Waiting for a momentum candle close below the gray area to sell.

and until the sell is activated, this one would be overall bullish and can still trade higher.

Good luck!
This analysis is done using RichTL indicator
http://www.RichTL.com

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Comments

Good work !
+1 Reply
TheSignalyst amjad96sami
@amjad96sami again, thank you
Reply
Nice man !
+1 Reply
TheSignalyst amjad96sami
@amjad96sami my honor
Reply
Do you plan on analyzing China 50?
+1 Reply
TheSignalyst vili009988
@vili009988 yess soon 👌
Reply
Nice man :)
+1 Reply
TheSignalyst vili009988
@vili009988 my pleasure
Reply
i agree
+1 Reply
TheSignalyst ahmadawada
@ahmadawada thank you mate
Reply
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