FlowState

DAX bounced off support, potential for further rise!

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XETR:DAX   德国DAX指数
DAX bounced off our first support at 11008 ( Inverse head and shoulder neckline support, 23.6% fibonacci retracement ) where a further rise might occur pushing price up to our major resistance at 11757.29 (50% Fibonacci retracement , 100% Fibonacci extension , Inverse head and shoulder porfit potential ).
Ichimoku Cloud shows bullish trend where we might see a corresponding rise in price.

I learnt to separate the 4 voices: The analyst (like-minded calibrator), the trader (seeks opportunity), the gambler (wants the thrill), the devil (not good enough). The analyst + trader keep me in the right path.
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