The Dax made a new Alltimehigh. But how long will the uptrend last? I think Wave (4) will need some more time to finish - so the current up-move could be Wave (B) of an Flat. If so, we should see some selling preasure soon.
What is your opinion?
Today’s trading idea is coming from the German index- DAX. During the day it sold off down to the closest intraday support at 12075. Buyers supported the price and it shot up to over 12175. This left a daily bearish rejection on the chart of this index. The daily candle is a pin bar and it seems logical that the next move will be up. Based on today’s activity, my...
1) Long position 6 days ago reached fenomenal high!!!
2) Ok we brake the resistance "greenzone" (pork) line and we achive +/- 150pips!!!!!!
Forecast successfull. Thank you!
