We see a correction on the DAX. Today we can continue the shorts. DAX kissed the EMA 200. And upborder of red dot channel. And rebound? Prospective Bearish Bat Pattern. Possible scenario on the chart. Targets on the chart. Alternative scenario - red dotted arrow. Let`s see.
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Day view
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Week view
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TP1 reached
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TP2 reached Attention - maybe rebound!
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Very good. Zone 12570-12543 maybe rebound. Attention to the violet rectangle.
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TP3 reached
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Maybe rebound. Now i fix 1/2
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Next targets on the chart. 123950-12390 and 261,8% fib 12322-12330 maybe Let`s see.;-)
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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.