DAX: Sell opportunity within the Channel Up. 做空

DAX IndexXETR

描述

⋅ Jan 20, 2020 8:32 AM

DAX is trading within a 1D Channel Up since early November. At the moment the price is next to the Higher High trend line, which is technically an optimal sell entry assuming the pattern holds. With the RSI also at the top of its 2 month consolidation channel, we treat this as a strong medium term sell opportunity. Our Target Zone is 13,165 - 13,100.

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Comments and likes are greatly appreciated.

the-chart-trader

⋅ Jan 20, 2020 5:27 PM

I have another view that may accrue, hope you have good trading day

keep your eyes for this possibility

InvestingScope

⋅ Jan 20, 2020 7:17 PM

@the-chart-trader, It will require a very bullish fundamental catalyst to cover this ground in 2 months. But of course it is possible.

Geert2000

⋅ Jan 20, 2020 7:19 PM

At this time 3 tops and 2 bottoms. Yes 1 more bottom to go around 13180. After that probably LONG if 12855 doesnt break to the downside.