I take a long due to this chart. downtrend is getting weaker and it could be logic that it is testing the trendline again. I'll update this chart on a lower timeframe to enter a short position when it is at the trendline.
I expect a weak dollar due to the rumours in america. I don't know how the market will open, but if it is with a gap we can use that to take a long. I'll update this idea on monday to see how the market reacts.
This is my point of view for the DAX now. As i'm a student i don't have alot of time to check the chart. If I am able to watch the chart when it is in the sell zone that is mentioned in the title, I will upload an idea from that point with entry points and take profits. DAX is in a downtrend now, if the trade goes well we can make alot of points out of this trade.
Might go down from here, if it doesn't we can see the DXY go to 97.20. At that level I'll watch the chart closely, and publish my idea. Don't make any trades based on this chart! Leave your idea under this message
Not much to say, if the trendline and divergence is confirmed we will probably see a nice move downwards. The bullish move here (20-11-2018 15:00-22:00) might be a great opportunity to go short in my eyes.
We can see a movement what probably a setback is for the broken trendline (blue). Also the price is closed above 1.13830 what in my eyes a support is. I'll take 2 long positions from here when the market is open, first TP +- 1.14150 (red trendline). And the second position will be put on breakeven if seen the level, if we break out of the red trendline we have a...