DAX held the MA50 (1D) and is rising aggressively.
Such aggressive rise was seen at the start of both bottom rallies within its Channel Up pattern.
As long it doesn't diverge much from its MA100 (1D) in the future, DAX is in for an extremely strong rally.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 16300 (the All Time High).
2. 16750 (Fibonacci 1.786), assuming a pull-back happens that doesn't break the MA100 (1D).
Tips:
1. The Higher Highs of the Channel have been Lower Lows during the Bear Cycle. High symmetry between the Cycles.
2. High Symmetry also from Low-to-Low inside the Channel Up. 78 days the first and 72 days the second.
3. RSI (1) on a Rising Support. You can use this to enter upon pull backs.
Such aggressive rise was seen at the start of both bottom rallies within its Channel Up pattern.
As long it doesn't diverge much from its MA100 (1D) in the future, DAX is in for an extremely strong rally.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 16300 (the All Time High).
2. 16750 (Fibonacci 1.786), assuming a pull-back happens that doesn't break the MA100 (1D).
Tips:
1. The Higher Highs of the Channel have been Lower Lows during the Bear Cycle. High symmetry between the Cycles.
2. High Symmetry also from Low-to-Low inside the Channel Up. 78 days the first and 72 days the second.
3. RSI (1) on a Rising Support. You can use this to enter upon pull backs.
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Also doing account management, earn +15% monthly profit!
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.