The False Breakout that the DAX made few weeks ago when he declined below a daily uptrend line and immediately climbed back above signaled the bulls to come back...
Last week we saw the bulls pushing the price back up from the Fast MA line - The bullish trend is still strong.
The price is about 2% away from the completion of a weekly Bat pattern near the psychological level -12,000.
Only a close below 11,500 will violate this short term bullish scenario.
I'm waiting for the DAX near 12,000... will be interesting
Read more of my ideas in the weekly newsletter - link in signature
Last week we saw the bulls pushing the price back up from the Fast MA line - The bullish trend is still strong.
The price is about 2% away from the completion of a weekly Bat pattern near the psychological level -12,000.
Only a close below 11,500 will violate this short term bullish scenario.
I'm waiting for the DAX near 12,000... will be interesting
Read more of my ideas in the weekly newsletter - link in signature
ノート
Price reached target zone - The PRZ is active. Time to look for reversal patterns on daily/weekly charts
ノート
Perfect reversalノート
Re-testing 12,000. I guess they will take stop losses above 12,000 (too easy)... but this zone remain in focus as longer term reversal zone
ノート
The PRZ in play, also top of a trading channel and RSI divergence. Is it the top?
See picture below.
Read the new analysis in this week's newsletter (link in signature)
ノート
12,000 being tested again before FOMC - Critical week for DAX and stocks.ノート
DAX continues to react to PRZ - Setup still in play
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これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。