Ironstate

Ironstate

Dax is at a critical point. The chart is mostly self-explanatory, break out of the pattern or reject with a double top and retest the lows. There is also possibly a much larger inverted triangle pattern at play.

Ironstate

Bullish price action continues on 4h timeframe with a massive buy pressure signifying wick despite upward momentum weakening due to some profit taking, 30 minute and 15 min shows basic double bottom w patterns, upward trend should continue.

Ironstate

German made covid-19 vaccine has hyped the european markets + a positive media reaction on biden presidency has made a mega bullflag on dax, we are headed for all time highs if bullish momentum keeps going. We should look for shorting opportunities only at the lower timeframes and avoid trading at ranges.