DAX wants to come back and falls again
Hello everybody
today was an exciting day to devote to the Dax.
If you have positioned yourself short you could watch the game relax.
We have seen an uptrend lately, which has declined more and more. The last high let one assume that it comes soon to the trend reversal.
Well, now we have fallen below the last low which means a clear reversal signal.
Beware the market has already given a lot of points.
I would not be surprised if he tries to fight back. Right there I'm looking for my new short boarding. I work with reversal signals at the main fibonacci level. I also go into the smaller time unit and look for possible resistance.
Caution is advised in the 10963 (blue line). This is a very strong resistance and many will position themselves long.
Personally, I am looking for my short entry and date this as the 1st price target.
There I pay attention to how the market behaves.
Enjoy the way
logindaten
today was an exciting day to devote to the Dax.
If you have positioned yourself short you could watch the game relax.
We have seen an uptrend lately, which has declined more and more. The last high let one assume that it comes soon to the trend reversal.
Well, now we have fallen below the last low which means a clear reversal signal.
Beware the market has already given a lot of points.
I would not be surprised if he tries to fight back. Right there I'm looking for my new short boarding. I work with reversal signals at the main fibonacci level. I also go into the smaller time unit and look for possible resistance.
Caution is advised in the 10963 (blue line). This is a very strong resistance and many will position themselves long.
Personally, I am looking for my short entry and date this as the 1st price target.
There I pay attention to how the market behaves.
Enjoy the way
logindaten
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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.
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.