is near the oversold area.
How will u trade the dax the upcoming days/weeks?
If you share your ideas with me, i will share mine ;-)
I the daily, the has enough place for furter downwaves -perhaps into the fibo 0,5-61,8 area? Will the present Support @ 10.111 bought or will we bulid a new "3?"?
Best regards Mary
Thanks you so much for your hard wok , Your analysis hammer-candle chart.
On Thursday I have bought in at top 10510 at that time think of wave 3 , but end up very fast down waves. though of cut loss at 10180,
But went that tine I sew your very helpful hammer-candle chart.
I plans to hold tie hold on .
yes after 2 hour turnaround Dax back to 10300 --then 10400 and then 10520 sold out
again Thanks you for your guides during pass few months
Had a Nice week End
No I got a signal "short close & stay sidelines, weak LONG" on around 280 today.
In real life, I closed all the shorts already yesterday.
I may take a long if the upwards momentum resumes, but must go above 280 or so first.
On the other hand, if the downwards momentum continues (after the recent peak around 300), I will get a new STRONG SHORT signal, which I then should follow.