"A note on RSI behaviour in $DAX" by trader AleksanderThor — published March 20, 2016

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DAX Index (FX:GER30)

FX:GER30 DAX Index

Notes on chart

Comment:

Comment: Target DAX (note: A combination of two methods)

Related Ideas

about GER30

Will add to short if we get a retest of the neckline

RSI just broke out of the ascending channel in the descending channel before heading for the bullish 70's

Let's see if the larger channel on the 15 min frame can lead RSI into bearish area between 60-20. I will sell every break of the diagonal Action Reaction Lines:

A really nice fib cluster with an ab=cd in the RSI was the high of today so far.

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