TradingView
themarketzone
Jul 28, 2015 10:31 AM
Approaching a strong resistance zone
FX:GER30
1D
DAX index of German listed shares
FXCM
Description
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Jul 28, 2015 10:31 AM
DAX
rally today is pushing the price back up towards the top of the trading channel where it will meet a strong structure resistance and 2 SMA lines (additional resistance).
Breakout or continuation lower?
What do you think?
DAX Index
GER30 CFD
Parallel Channel
Comments
BaliShag
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Jul 28, 2015 10:49 AM
Nice chart! 11.400 (or the zone below on your chart) followed by another sharp leg down.
themarketzone
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Jul 28, 2015 10:52 AM
Thanks
Krasen
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Jul 28, 2015 10:34 AM
In my opinion the support will hold...
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