Now I `m in Long (target 11310-11343). A possible rebound from the upper border of the channel. I go into a short deal GER30 on the rebound. Potential targets on the chart. Stop on the upper border of the channel (zone 11400-11440). I will comment on the idea, as events unfold. Thank you for your attention.
Selling the German index. Missed the official entry for a Gartley but since the D completion is still under the X leg of the pattern we only get a better Risk/Reward Ratio. Chart speaks for itself.
Storm coming to the global market In the United States began an information war But global forces want to save the US economy, they sacrifice the European economy Problems at Deutsche Bank. And of course the media will blame the Mr. Putin In technical analysis working with fibonacci levels + RSI
Possible developments on GER30 Potential targets on the chart. Globally in short GER30. Intraday and long positions. Thank you for your attention.
The DAX has broken the lower line of the consolidation channel, that is the bearish bias we were waiting for, so to jump on the bigger move downwards, we are waiting on an imminent opportunity at the @10560 level of major resistance, also we have equidistant harmonic retracement. Hoping to see some kind of rejection at that level complemented with RSI Have a...
Possible fractal recovery to 10700 then short (limit order). If it doesn't get there, nothing lost.
Breakout through 10650 will be a short setup down to 10600///10500 Breakout through 10730 will be a long setup up to 10830 I except that the DAX for the first few trading hours goes down to 10650 then up to 10700//10730.
The stage is set for a new all-time high in the DAX 30 Major resistance- 10720 (trend line joining 10806 and 10777) I waiting maximum 11000 until december
With price creating a small pullback after Fridays bullish move we can see that "Dax" is potentially heading towards previous highs at "10700" This trade is a simple intraday move and was triggered due to price action, a break and retest creating higher highs and lows.