Swordman

DAX 21/11/2016

Short
Swordman Updated   
FX:GER30   DAX Index
DAX will start with a bearish GAP. It will continue with a bullish tendency until the zone of the 1 Target to return later to its downward tendency and to reach the zone of 2 Target. The Bearish Impulse is ending and surely on Tuesday we will see an upward trend.

1 Target 10750
2 Target 10600
Comment:
The initial GAP has gone up rather than down, I will have to look more closely at the GAPs. On the other hand, starting the GAP upwards the price path is the reverse, the first bearish target, second bullish target.
Trade closed: stop reached:
Finally we managed to arrive at a first obejtivo although it was not the main one and we were halfway to the 10750. We will see if maána we reach that objective.
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.