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The_Cannalyst

Flag Attack?

Long
DAX Index (FX:GER30)  
The_Cannalyst Updated   
FX:GER30   DAX Index
38
25
10.650 is the first longtrigger with tp 10.800.

Have a break?
Have a break?

Intraday-Turnaround?
Intraday-Turnaround?

Midterm Buy Trigger = 10.800
Midterm Buy Trigger = 10.800

New midterm-longsignal above 9775
New midterm-longsignal above 9775
Comment:
seems like a healthy correction...
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Comment:
REACHED ACTION POINT
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Comment:
both flags are triggered and active!!!
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Comment:
Reached TP1: 10.700 (10696)
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Comment:
Yesterdays DAX close was once again disappointing. Even in the early afternoon we traded above 10.650 points – the mentioned short-term Buytrigger. But DAX could not hold his daily gains and closed even in the negative terrain.
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In the daily we see a bearish candle whose sales further today would leave a bearish signal. This could open the tp at the downside at 10.450 points again.
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Comment:
Comment:
the holy 61,8 fibo stopped the downwave
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kissed the flags bottom -very important Level! take care!
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Comment:
falling knife!
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Comment:
rsi temporarily oversold
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perhaps u could try to catch the possible bottom for a scalp
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Comment:
is this scalp good for 10-20 points?
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Comment:
counter trades are not good! here a not so risky cyclical scalp opportunity
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Comment:
flag day today?
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trading above 10.400 could be seen as a first attempt to build a potential bottom.
Comment:
perhaps like this
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Comment:
but it is realy risky because ist against todays trend
Comment:
strange market i stay flat
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Comment:
will we see a final selloff?
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