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leszekstanislaw

DAX/GER30 H4 - couple of cenarios

DAX Index (FX:GER30)  
leszekstanislaw  
FX:GER30   DAX Index
1
0
Why short *blue scenario*:
  • - long time there was no correction
    ]*]- RSI(7) twice over 80
    Why long *green scenario*:
  • - looks like correction ended and now we returned to the trend
    Notice - blue scenario would create kind of inverted SHS :)
    Also now price is on .618 of correction wave (on D1)

    There is also *pink scenario*:
    • - return to the downtrend channel -- strong signal for shorts
    I think blue scenario is most probable, but true is we will just react and align to the situation.

    What do you think?
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