Renkotrade

DAX LONG Situation end of 15.3.2019

Long
TVC:DEU40   GERMAN STOCK INDEX (DAX)
Dax is going straight on in the long setup run

The trade setup is exactly as in my last DAX post

We are in a long swing here as described

What is new:

We have a long setup now in a establisehd long CHANNEL !

I have marked them in red color.

As far as DAX is trading in these long channel all long positions shold be save

Even if Dax tumples out of the channel thats no sign of short at once

its at first a sign to be cautious with new long positions

All above 11611 is a long in my view and even if it goes below 11611

maybe we will see only a more weeker long channel established than.

Only trading below the red support line is a sign of sort.

But thats far away at the moment at 11560 aerea.


Don't forget to like if you appreciate it....

------------------------------
My ideas are not a recommendation to buy or sell.
Everyone has to do their own research
--------------------------------

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.