FxWirePro
Short

DAX30: Sell on rallies

FX:GER30   The DAX Index
274 3 12
Major support – 10200

The index has broken major support at 10200 and declined till 10115 at the time of writing. It is currently trading around 10131.

DAX             is declining continuously for the three straight sessions after making a temporary top around 10475 level.

On the lower side, the immediate support is at 10070 (90 4H EMA ) and any break below will drag the index down till 10000/9962 (200 4H MA)/9840.

Overall trend reversal only above 10500 level.

It is good to sell on rallies around 10220-10250 with SL around 10500 for the TP of 9962/9845.
I do agree with you. thanks
Reply
Fully agree here, its pushing my BB now.
Reply
I agree. Thanks my friend.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
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 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