The_Cannalyst

Technical overview update

The_Cannalyst Updated   
FX:GER30   DAX Index
56
The "stairways to heaven"-scheme endet with the break of the last "2", the trend. Now we have a falling-knife situation!
...is this a good countertrade try? I don?t do that.. 10.400 should not be underbidden- it is the last 1-2-3 support, the last valid "3"
Watch the oversold RSI -prhaps we see a rebound to the min correction level 38,2?
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Pay Attention! The likelihood for a break at the downside is much higher....the trend is bearish today.. perhaps dax is forming a down-flag....
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dor intraday-scalper: don`t forget do save your position..make it riskfree . Here an example for a sl-adjustment
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10.460 would be the aggressive SL
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souble bottom or bo?
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bullish wedge vs. trend continuation
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should we exspect a hard landing???
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Attention pls:
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the support was bought.... the trend is still bearish in this td
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microstructure seems to be bullish
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below 10.315 it seems that dax will kiss the 61,8
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complicated..still weak weak weak
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@ early birds and other flag-traders...don`t forget to adjust your sl - safe your win, secure your position...or sell a part of the win
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perhaps the next flag
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"real trigegr" = double flag trigegr yet ..thats a good signal imo
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10.366 is THE LEVEL to watch now
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now a triple top and a trendbreak
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still waiting for my "real trigger"
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for a breakout-scalp these 11 points would be enough
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flag trade in full swing..thats an BO!
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mini-flag tp nearly reached rsi overbought!
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26 points--really nice rache trends top
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the "early birds" would be 75 points!!! in win now
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a dip down to the bo-niveau could be exspected now
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again flag time ;-) ?
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again reached flag tp
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the early bird could adjust his sl this way : example:
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you can read more about my 1-2-3 here:
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we are here...i think i have to open a new thread..is anybody still here ?
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the trend dynamic is decreasing
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10.400 - here we are bye
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give it to me Baby..aha aha..
Trade closed manually
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with the "real trigger" you made round about 100 dax Points
the "early bird" made 140 Points
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Cheers
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first contact sold
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