The_Cannalyst

Flag attack?

Long
The_Cannalyst Updated   
FX:GER30   DAX Index
18
10.650 is still the Level to watch. Trading above that Level is strict bullish!
Falling back into the Tradingbox 10.450-10.650 is negative

Flag TP: 10.875!

Resists: 10.753 / 10.775/ 10800
Supports: 10.672/10.655/ 10.520 / 10.490/ 10.438


I NEED your Comments and Ideas please !


Former view:

Next explosion ahead?
Afer kissing the resisitance Level we have dipped the 0,5 fibo like textbook -this Level was bought!
We are fighting with the multiply illustrated Trading Box´s upper edge and the ultrashortterm-downtrend.
For me, the time has come for a bigger breakout. For this Szenario, we have to leave behind the resistance zones...trading above yesterdays top would accelerate the present uptrend. TP of this BO could be in best case 10.800!
If the present resistance Cluster between 10.638-10-689 will survive, the conolidation will go itno the next round. Here a dip down to the Box`s bottom @ 10.440 is thinkable.

Resists: 10.665 / 10.689/ 10.710 / 10.775/ 10800
Supports: 10.555 / 10.520 / 10.490/ 10.438

I NEED your Comments and Ideas please !
Comment:
Comment:
reached "weak" buy Trigger 1 - the real Trigger of the flag is 10.743-10.753
Comment:
no dynamic... :(
Comment:
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