dcm2020

1008-1012 to watch on GER30/DAX30

Short
FX:GER30   DAX Index
Hi Traders,

As I posted just few minutes ago, I expect and hope to see one more high coming into play before we see him going lower. Looking this daily chart, we can see that we are in a very strong resistance zone, BUT I think that we can make a new high, scare a lot of traders and then reverse lower. This is what I expect and I will trade this (if he makes new high) with a very small risk.
So keep watching: 1008 to 1012.

Good luck!

Thiago Duarte
thiago@duarteinvestmentgroup.com
@thiagotrader
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.