Mean Reverting versus Non–Mean Reverting Approaches The type of technical studies employed also depends on the approach taken by traders and analysts with respect to their personal preferences and biases regarding the action of price in the markets. Basically, traders either adopt a contrarian or a momentum‐seeking type approach. Being more contrarian in their...
DAX Monthly chart Showing a breakout Expect rise towards 2.618% retracement levels of 17625. 2.618% retracement is of the fall from 8095 to 2206. The breakout effect continues towards 100% (13985) The same is crossed.
Sell 36500CE + Buy 36800CE The gap is filled. Expecting retracement and consolidation. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You...
DAX is still looking good for 14500+ levels in coming weeks. 13300 is the support at this moment.
Om Namah Shivay DAX index has different and complex structure from the recent past bottom. It looks the upside movement is pending. The recent movement suggests that it is a impulse starting. A minor impulse wave starting where 1,2 are being made. The analysis has chance of being invalidated incase there is still sideway movement left. Om Namah Shivay
Analysis is given on the charts. Nothing is 100% in this market and all we have to do is to look at the charts and give out out views. Comment if you have any doubt.
Wir haben eine hohe Wahrscheinlichkeit, dass der DAX in den nächsten Wochen nach unten geht
Expecting short term trend reversal
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DAX - Bearish Harmonic pattern formed in Hourly chart
After closing on day low, DAX will probably close its gap @12.745