Short
DAX INDEX ANALYSIS
DAX INDEX broke lower edge of up-channel
Price is based below strong supply zone at level 12925
We r waiting price to break SMA 100 on H4 frame and break also next support level at 12715 to open short trade
It's expected for coming strong bearish movement to target support level at 11200
which corresponds to classic target of broken up-channel
Price is based below strong supply zone at level 12925
We r waiting price to break SMA 100 on H4 frame and break also next support level at 12715 to open short trade
It's expected for coming strong bearish movement to target support level at 11200
which corresponds to classic target of broken up-channel
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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.
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.