themarketzone

Couldn't close above SMA line - Bullish pattern for tomorrow?

FX:GER30   DAX index of German listed shares
So far, as I wrote earlier today, the $DAX couldn't handle the Fast SMA line on the 30 minutes chart.
If it will drop lower, it could complete a bullish Bat pattern towards EU summit tomorrow.

Remember - 30 minutes bullish pattern in a bearish environment can be violated easily but if you're looking for short term opportunity - This could be an interesting one..
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Tomer J,
The Market Zone - You trading Edge
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