DAX still looking for a correction (when buy? when sell?)
In my opinion, DAX is still overheated through the latest vaccine news. Looking at the daily chart, you see lots of impatience.
A correction is more than likely to happen with DOJI candles at the top. The fundamentals don't really point in the direction of an ongoing rally. During the Corona crisis, the most accepted value was 12640.
The area between 12800 and 12640 would be for me a fair price in relation to the current situation.
You can see this chart as a confirmation of your own settings.
Take care about not getting stopped out, look for a good money and risk management as always and happy trading!
A correction is more than likely to happen with DOJI candles at the top. The fundamentals don't really point in the direction of an ongoing rally. During the Corona crisis, the most accepted value was 12640.
The area between 12800 and 12640 would be for me a fair price in relation to the current situation.
You can see this chart as a confirmation of your own settings.
Take care about not getting stopped out, look for a good money and risk management as always and happy trading!
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