This indicator failed to break the resistance line for several times and both Trend Line and Resistance Line give me sell trend in next days
We are focused on Intraday selling of the DAX for today. ENTRY 13746.9 TP 13621.75 ( pips 126 / RR 3+ ) SL 13787. 45 ( pips 40 ) Price action is completing a contraction below the 30% of the recent swing from high to low. We have a potential reversal candle on the previous candle and this looks like the best entry indication. All we need is a breakout of the...
The video explains everything about our short sell position on the DAX
Good morning from us! Here's a little update of what we believe will be happening with the DAX over the next few trading sessions: The daily is making yet another test of the broken contraction. The 4H seems to have formed another contraction after the breakout and now retest of major contraction. The 1H is heading to test the top of a bullish channel...
Germany stocks were higher after the close on Wednesday, as gains in the Basic Resources, Transportation & Logistics and Financial Services sectors led shares higher. At the close in Frankfurt, the DAX gained 0.16%, while the MDAX index added 0.56%, and the TecDAX index gained 0.19%. The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which...
XETR:DAX seem a double top let see how it will develop in the future and how USA Iran tension will impact the german index
ENTRY 13376.6 | TP 13157.3 ( pips 219 / RR 2.24 ) | SL 13475.4 ( pips 98 ) Very important details are listed in the chart, REVIEW them. We highly recommend not to go too big as we might hold over the weekend. (but the only way we earn in this market is by risking so if your not comfortable with risks, then your either trading too big or this "game" is not for you.)
The DAX is currently breaking out of a selling continuation pattern and we expect that price could push all the way down to 161% of the current price action high/low (TP2 in chart) We are short on this and 2 more setup. Alerts will be released on them soon.
We took a short position here. A video will be released with the details of why we are selling and what our "game" plan here is. Generally we see a continuation of bearish pressure.