BaliShag

Resistance in case of a break out

FX:GER30   DAX Index
0
ABCD to Bat 1, .685-.707 retraces and possibly channel top depending on the time factor. Price action and possible patterns matching the two horizontal two tier channels. Between 10.500 and 10.600 we got some fib clustering going on and right above an old channel bottom (black tilted line).

Might be updating the chart later, unless it's completely off ;)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.