Get started
zveuse

All screaming "BEAR BEAR!!" - I see more upside potential

Long
DAX Index (XETR:DAX)  
zveuse  
XETR:DAX   DAX Index
Trend Analysis Chart Patterns Technical Indicators DAX Index Bullish Patterns analysis
4
0
trendanalysis chartpattern indicator dax bullish analysis
We have alot of strong resistances over us, we have broken the 0.318 fibb level wich can act as a new support.

Above us we are facing the 0.5 level of fibb and some other big important resistance levels.

Positives: Kumo Cloud indicated support under us, fibb 0.318 could act as support under us, (as some other broken resistances under us aswell)
I see BIG potential for us to keep going to the 0.5level (around 11050~)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.