EvanJones
Short

Ready for a nice drop soon on the DAX

FX:GER30   DAX Index
146 0 5
So the Dax             has been on fire recently, but the move has been strong and no significant retracement has occurred and so I'm expecting a counter trend move in the coming days or next week.

Indications show the price to be nearing oversold territory and the wave trend showing a move is soon ready for a move south. The weekly (this week) and monthly pivot have yet to be hit and so are great potential targets for price to retrace towards. Watch out for price action to show buying weakness which if a doji or hammer type candle forms along with a bearish candle below the resistance for conformation.

For more information/trade setups, follow me on here or at http://www.ejfxtrading.com
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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