trend base fibo extention (fibo projection) orange color work exclent on dax and dow (not good for trendy markets like gold) clearly show dax will fill 2 open gap !!!
fibo raytrace (green ) 161% show buyer and seller target
advice= put sellstop under 1hour Ema200 (green line ) and buylimit on down gap is best action
pick buy 100% is risky not good (dax is over bought) but sellimit on 15800 is good idea
all SL=40point
ALERT=after dax touch 14850(gap) dax down currection complete,can fly to 16000
fibo raytrace (green ) 161% show buyer and seller target
advice= put sellstop under 1hour Ema200 (green line ) and buylimit on down gap is best action
pick buy 100% is risky not good (dax is over bought) but sellimit on 15800 is good idea
all SL=40point
ALERT=after dax touch 14850(gap) dax down currection complete,can fly to 16000
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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.