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
注释
Price reached target zone - The PRZ is active. Time to look for reversal patterns on daily/weekly charts
注释
Perfect reversal注释
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
注释
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)
注释
12,000 being tested again before FOMC - Critical week for DAX and stocks.注释
DAX continues to react to PRZ - Setup still in play
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。