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VladimirRibakov

Dax Sell Idea

Short
VladimirRibakov  
GLOBALPRIME:GER30   None
Trend Analysis Support and Resistance Multiple Time Frame Analysis DAX Index GER30 CFD SELL bearishhiddendivergence keyresistancezone Bearish Patterns
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trendanalysis supportandresistance mtfa dax ger30 sell bearishhiddendivergence keyresistancezone bearish
H4 - Price has reached a strong resistance zone and is holding below it.

Bearish hidden divergence.

H1 - Currently it looks like a correction is happening in the form of an ABCD pattern.

Until both the key resistance zones hold my view remains bearish here.
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