DAX rebounded at the bottom of the Channel Up, forming Support (1) at 15625.
By doing so it completed the formation of an Inverse Head and Shoulders.
This is a twin bullish signal same with the March bottom.
Trading Plan:
1. Buy on the current market price.
2. Sell if it crosses Support 1 (15625).
Targets:
1. 16340 (Resistance 1 and Gap fill as per the March fractal).
2. 15250 (bottom of long term Channel Up).
Tips:
1. The RSI (4h) is also forming a Channel Up like March indicating that we might be exactly before the breakout to the gap fill.
Please like, follow and comment!!
Notes:
Past trading plan:
By doing so it completed the formation of an Inverse Head and Shoulders.
This is a twin bullish signal same with the March bottom.
Trading Plan:
1. Buy on the current market price.
2. Sell if it crosses Support 1 (15625).
Targets:
1. 16340 (Resistance 1 and Gap fill as per the March fractal).
2. 15250 (bottom of long term Channel Up).
Tips:
1. The RSI (4h) is also forming a Channel Up like March indicating that we might be exactly before the breakout to the gap fill.
Please like, follow and comment!!
Notes:
Past trading plan:
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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.