Fxprotrader
Short

DAX Two Possible Sell Setups

FX:GER30   DAX index of German listed shares
DAX             is in a corrective structure moving up and has reached the 0.5 fib level of a major impulsive move. Price has tested a couple of time this level and looks like is dropping at the moment. Meanwhile looking in MACD we see a divergence which tells us that this up move is losing steam.

Keep a closer eye for price to break to the down this structure, wait for a smaller correction or any other sell signal (depending your strategy) and go short. Another scenario would be price to bounce from the lower trenline make another wave up, test the 0.618 fib level and start its sell off.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out