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Captain_Walker
Oct 19, 2020 11:57 AM

Troubled DAX 

DAX index of German listed sharesFXCM

Description

The DAX (GER30) is in a troubled zone of congestion and seemingly fighting to stay afloat.

Don't expect it to just roll over swiftly - though anything is possible. We're looking at a sharp rejection of the 2H ATR line. This analysis does not apply to any other time frame.

But taking a steer from the 2H, there is money to be made (and lost) on much smaller time frames - if you know what you're doing, that is.

Stay safe, wash your hands and face, wear a FFP3 mask if interacting with unknown others, don't rely on herd immunity - don't follow 'herds'. LOL. 😁

Disclaimers: This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.

Comment

Some got a slice of cake - and some didn't!🍰🎂 🤣🤤

Comment

1500 points? Is that okay? No harmonic trade can predict that. I do not use a predictions model.

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