AleksanderThor

A note on RSI behaviour in $DAX

FX:GER30   DAX Index
174 4 8
Notes on chart
Comment:
Comment: Target DAX (note: A combination of two methods)

Will add to short if we get a retest of the neckline
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RSI just broke out of the ascending channel in the descending channel before heading for the bullish 70's
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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:

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

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