Get started
KingdomRichOffical

German DAX: 2 Scenarios

DAX Index (FX:GER30)  
KingdomRichOffical  
FX:GER30   DAX Index
dax30 currencytrading CFD Forex forecast stratuscloud cumuluscloud kumocloud cumulus stratus Support and Resistance Supply and Demand currencyclouds
1
0
dax30 currencytrading cfd forex forecast stratuscloud cumuluscloud kumocloud cumulus stratus supportandresistance supplyanddemand currencyclouds
We are leaning to a bearish DAX due to it
  • Being under the Stratus Cloud Formation
  • Making a lower high at the top of the Trendline (Black)
  • Bearish Future Cloud (Kumo Bear Twist completed)

However we see two scenarios that could play out and will wait for confirmation of break of either Trendline (Blue or Black) on the Daily time frame.
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.