Thanks for your likes and shares! Much appreciated!
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The FDAX1! is clearly in an continious uptrend. Even if it has shifted down a bit from the previous channel, the market is now moving in the lower part.
Horizontally, we have a very import support line, keep in mind that FDAX1! can be suprising in how it moves, so keep an eye on that bleu line.
If that line is broken, there is high probability to se a major fall in price.
If it fails to break the horizontal blue line, it will possibly be a nice entry point to get the pullback and a profitable long direction trade.
For the moment, the probability is to see it go test the resistance before coming back to the narrow up trendy support line.
Trade breaks of those line to increase your probability in getting on a winning trade.
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The FDAX1! is clearly in an continious uptrend. Even if it has shifted down a bit from the previous channel, the market is now moving in the lower part.
Horizontally, we have a very import support line, keep in mind that FDAX1! can be suprising in how it moves, so keep an eye on that bleu line.
If that line is broken, there is high probability to se a major fall in price.
If it fails to break the horizontal blue line, it will possibly be a nice entry point to get the pullback and a profitable long direction trade.
For the moment, the probability is to see it go test the resistance before coming back to the narrow up trendy support line.
Trade breaks of those line to increase your probability in getting on a winning trade.