DAX - We should be in a (temporary?) uptrend for now.
Price bounced from the 61.8% retracement level and should now be in it's way to the 100% or 161.8% projection.
Notice also that we have a potential Head and Shoulder pattern which gives us an approximate target around 12400 also.
Look for a pullback to go long this one as it has some great R/R ratio.
Price bounced from the 61.8% retracement level and should now be in it's way to the 100% or 161.8% projection.
Notice also that we have a potential Head and Shoulder pattern which gives us an approximate target around 12400 also.
Look for a pullback to go long this one as it has some great R/R ratio.
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Looks like it's making a bit deeper correction before going up. This is gives even better R/R !
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Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.