Since the beginning of the year, the German Index consolidated above its previous ATH.
At this point, it seems like a correction is just around the corner and Dax can take a dive to 12500
Selling rallies in this anticipation can have a great R:R
Hey everybody, i share with you today my analyse for the Dax !
We had a bullish night in asia with a +2% in Nikkei, is it time for Dax to retouch 14.000 ?
Good trade !
Sell a break at 13988.
Overbought extremes early optimism is likely to lead to gain allthrough extended attempts higher are expected to fail. A higher correction is expected.
A move through 14000 will confirm the bearish momentum.
Support 14000
Resistance 14100.
Entry 13988
Sl 14066
Tp 13706
Tp 14050
Sl 14190
price chart with gaps almost every day is typical for very thinly-traded securities and should be avoided. Prices often gap up or down at market open, but the gap does not last until the market closes. Such temporary intraday gaps should not be considered as having any more significance than normal market volatility.
