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InvestingScope
Jan 24, 2023 2:06 PM

DAX: Bullish but pull back inside the Channel possible. Short

Germany 40Capital.com

Description

DAX is technically bullish 1D (RSI = 63.054, MACD = 197.400, ADX = 59.303) but neutral on 4H as it broke below the 4H MA50. In a repeat of December 5th, we may see a strong pull back targeted at the 4H MA200, so be ready to sell below S1 with TP = 14,600.


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Comments
InvestingScope
Great publication. Check out our idea too:
Tolberti
Logical analysis, I like it!
Gold-Tech
I agree with the priority. We will keep an eye on the market
RLinda
Great chart, very useful for assessing the market situation, thanks for sharing)
linofx1
interesting view
DeGRAM
Thank you for sharing your analysis.
Lingrid
Awesome analysis
ArmanShabanTrading
That’s nice
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