Reversal DAX Future: Resistance zone and Spread
The Dax Future is approaching a strong resistance area, which starts around 14600. Additionally, the spread between the next Future ahead and the overnext Future ahead ist strongly bearish. A reversal is expected. Additionally, the RSI is overbought.
A target price would be 14000.
The resistance area is passed above 14700 points and then a situation gets invalid
Thus a P/L ratio of 1:5 would be possible.
Next resistance will be already above at around 14900/15000.
This isn't any financel advice.
A target price would be 14000.
The resistance area is passed above 14700 points and then a situation gets invalid
Thus a P/L ratio of 1:5 would be possible.
Next resistance will be already above at around 14900/15000.
This isn't any financel advice.
Dagangan ditutup: sasaran tercapai:
The trade was triggered, SL at 14700 not touched. Price target achieded at 14000.