louis.loopqck

Bull over 11k, Bear under the ascendant support

FX:GER30   The DAX Index
If a line is broken, it should reach the next level, look at this chart !

At this time, the only way to play is short, cause we are just under the resistance, so the stop level is very close and the risk reward is high ! However, the trend is still bullish , so you should stay on the buy side ...
11250 done ! Now it could retrace around 11100. but don't forget, the trend is still bullish.
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Target almost reached !
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robdragan louis.loopqck
Nice! What are your thoughts after that?
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louis.loopqck robdragan
Now the first level is at 11140, but the real support is at 11080. If we are not going under 11080, the trend is still bullish !
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