crocodiledundee

crocodiledundee

My idea about the dax short. We will see some upside, but I think it should be limited and sold off by the bears.

crocodiledundee

If a see a mirror, for me the divergence is even more valid😍😍 I went back on the Dax 4 hour and the better the mirror image the better the divergence😍⭐️⭐️⭐️👌 #interesting #full moon

crocodiledundee

The two yellow lines are targets in my opinion. If the futures break the second one they could go even lower.

crocodiledundee

Important about interpreting divergence is, to only read the spikes, hence if we go sideways for today and tomorrow that wouldn't be an ideal divergence. But if the 4hour could go to 13400 by today for example, I think we have a "confirmed" double top divergence and a further sell is possible.

crocodiledundee

Look at the chart, a short pullback might come soon. Divergence on the RSI.

crocodiledundee

For this is a H&S pattern only waiting for that confirmation of a heavy upside now at the right shoulder turning point. It is a matter of hours or days in my opinion. I expect the VIX to gap up after.

crocodiledundee

Closing above 12950 on the 65min chart with a hammer is a bullish sign to me. Moreover I have yesterday seen a pattern from september/october 2005 that looked the most similair to the current situation for the dax. I think since everyone is looking for a correction bulls will buy the üotential correction at least 2–3 times to come back to a bullish sentiment.