leszekstanislaw
Short

GER30 H1 - Butterfly, ABCD and 61.8% fibo - short?

FX:GER30   DAX Index
124 2 2
I think there is short opportunity on DAX             ( GER30             ), because

Edit :
Actually I did not play this, but valuable lesson was there should be always plan B. And plan B could be simple - after trendchannel breakout wait for pullback, take postition (why wait for pullback? to define short stoploss)
LIKE!! THX for sharing!
This is my opinion:


These days are exclusively political! Charttechnik is limited effective in such situations.
Resists: 10.850 / 11.000/ 11.250/11.325
supports: 10.700 / 10.610/ 10.535/10.550 / 10.130/10.000
The Level to watch is the SMA & EMA 200 - These instruments will pointing the way.
With a new Low below 10.600 a potential Crash lies in the air :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.



This morning the fdax made a new Low.

A Dax Close below 10.850 (EMA 200) target @ 10.500.
Dax Close above 10850 --> target : @11.050.
Dax Close above 11.100 --> bullish again with target @ 11.400/11.650.




My former Analysis is valid furthermore for the Long turn -Have a look @ the EMA 200 - this is the Level to watch on the downside! The 200EMA is nearly corresponding to the possible bearish H&S...
Should Dax break the neckline @ 10925 a dip to the EMA 200 @ 10.800 can be exspected
On the upper side the Chart turns into a bullish Sentiment if Dax can Close above 11.600, the last High.


+1 Reply
I bought shorts today.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out