There is something special cooking in the EU. Dax is at a 2 year double top (exactly), it can be seen well on its weekly chart.
May will be an important month to the Euro, we have the French elections, the second and final round will take place.
Resistance can be seen in the last week weeks, but this week is different, sentimental movements have caused DAX to head to a new high but as things stand, it will not last long. A crash is coming.
The second round is on the 7th of May, I have entered a scout position with the idea for it to become a trend trade.
More updates coming.
May will be an important month to the Euro, we have the French elections, the second and final round will take place.
Resistance can be seen in the last week weeks, but this week is different, sentimental movements have caused DAX to head to a new high but as things stand, it will not last long. A crash is coming.
The second round is on the 7th of May, I have entered a scout position with the idea for it to become a trend trade.
More updates coming.