In my analysis that I published earlier, I frequently emphasized the possibility of seeing a strong sales wave in the markets on a global scale, in this context, I think that there can be a structure in #DAX index as I mentioned in the chart..
The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I...
dax is heading to end of a correction and we may have a great trade opportunity for R/R if the setup plays out.
dax kompleks bir duzeltmenin sonuna dogru yaklasmakta, plan islerse kar/zarar orani cok yuksek bir ticaretimiz olabilir.
In my previous analysis, I mentioned that a strong sales wave could come to the markets again, in this context, I expect a structure as I mentioned in the chart.. Never say never.. Markets will be very interesting after 6 months, we will wait and see.. I firmly believe that big crash will come eventually and oil prices were the leading indicator of this..
What do we think about DAX?
Let's see the Monday opening.
9420 in a very important level, above a strong supply zone which everything is in (Fibo levels, Fibo Fann, Gan Angles, etc...)
In our opinion, nothing will be enough to stop the bearish movement.
Everything is linked to USA and #SPX500 (and the Covid 19 situation first of all).
A little bullish correction...
Hi, Servus, Grüezi and Moin, Moin,
something really crazy today - a Dax "Intermezzo-short".
The last actions at the Dax were almost completely long and filled the account very well.
Now I think the time has come for an "Intermezzo-short" with RRR of over 8 to 1. I like to bet a few of the last winnings on RED candles.
Marked with a black arrow
This is the Level which should not break
Please notice that he channel system startet
to slow the uptrend.
If you want to support my work , please be so kind and like them
My posts are not and advice to buy or sell something
always do your own research
Welcome to a new trading week. Friday’s session turned out exactly as expected. From the beginning of the session, Dax went through our first support level at 12 121 to retest the second support level laying at 12 054 where the price bounced and even formed a daily low there. Later on, Dax slowed down in the consolidation area from Wednesday and we even closed in...
A red channel is descending, the trend is completely downward, you can see that the Dax stopped precisely with resistance. Later, it returned to resistance in a short time and again it did not succeed. Now the sellers are taking over.
Entry price: 11980
Stop loss: 12250
Take profit: 11630