leszekstanislaw

DAX/GER30 - H1 - Bat, AB=CD, confluences

FX:GER30   DAX index of German listed shares
There are some reasons to thin DAX             may go little up, to 11370 - 11400, and then short - to minimum 11130.
  • 1.618 of fibo ext of last small rejection ends at D of Bat
  • equal overbalances (green boxes)
  • generally bearish trend - aligned to bearish bat
  • close to downchannel top line
rafal_w
a year ago
Nice option but 0.50 was not touched in B leg.
-1 Reply
leszekstanislaw PRO rafal_w
a year ago
Indeed. It's always problem how to interpret such things....
Reply
Nice ,but try the 127 fib from the 11450-10800 Should stop around 11600.
Reply
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