DAX might form a rising wedge. If the DAX breaks below the violet line this could trigger a sell-off.
If the DAX breaks below the violet line the TP could be around 14,800.
If the DAX breaks above the violet line, this pattern is busted and the rally could take us to 16,200.
I am waiting patiently to see what is going to happen.
Take care
If the DAX breaks below the violet line the TP could be around 14,800.
If the DAX breaks above the violet line, this pattern is busted and the rally could take us to 16,200.
I am waiting patiently to see what is going to happen.
Take care
Trade active:
First position placed
Comment:
Comment:
Comment:
We closed below; I have opened my second position.
Comment:
Comment:
If we surpas the upper green line, it's a trap.
Comment:
I am closing my shorts; it seems this is a trap.
Trade closed manually
s3.tradingview.com/s...shots/e/ED6W6ZhU.png