Dax- can it dive to 12500? for CAPITALCOM:DE30 by OptimoomFX

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trendanalysis chartpattern indicator dax dax30 dax30short daxshort daxanalysis de30 de30sell daxforecast daxindex

Since the beginning of the year, the German Index consolidated above its previous ATH .
At this point, it seems like a correction is just around the corner and Dax can take a dive to 12500
Selling rallies in this anticipation can have a great R:R

Comment: Dox is under support
Possible confirmation of false break

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Comments

yes, market trying to take some correction

TRADiNG_hub

@TRADiNG_hub, yes...
I m looking to sell

All indexes are looking down! same thnking!

Great idea as usual ;)

StevesTradingV

@StevesTradingV, thanks
I m looking for sell setup

eyeing this one as well :) thx

jojofang0901

@jojofang0901, yeah...let s see

Well done !!! 👍🔥🔥

ForecastCity_World

@ForecastCity_World, thanks

Great work!