DAX Index – an Uptrend or Technical Correction?
On the H1 time frame, the DAX seems to be bullish,
But if we take a look at the higher time frame we can see it is only a technical correction.
The fresh supply above is confluence with Fibonacci 61.8% which creates a powerful setup to sell the DAX index.
I'll sell at the moment the price will touch the supply.
The target will be 11.700 zones.
But if we take a look at the higher time frame we can see it is only a technical correction.
The fresh supply above is confluence with Fibonacci 61.8% which creates a powerful setup to sell the DAX index.
I'll sell at the moment the price will touch the supply.
The target will be 11.700 zones.
The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
We Trade Forex - Come Join Us!
the5ers.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
We Trade Forex - Come Join Us!
the5ers.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.