Today I had a look on the daily chart and surprise surprise.. Back on September 23 I posted the idea "DAX - bounce approaching" and the red line pretty much perfectly. With a lot of wild swings, sure, but for a swing trade, it would've been good for about 4-500 points :)
I mention that I only moved the red arrow to the right so that you can see what actually happed with the price - before it was overlapping. ;)
One thing to keep in mind on the big picture is that we are approaching a pretty important TL. I am already looking for a turn, but do not intend to front-run this. If this bounce is over, we'll know by looking at the shorter time frames.
Good luck!
I mention that I only moved the red arrow to the right so that you can see what actually happed with the price - before it was overlapping. ;)
One thing to keep in mind on the big picture is that we are approaching a pretty important TL. I am already looking for a turn, but do not intend to front-run this. If this bounce is over, we'll know by looking at the shorter time frames.
Good luck!
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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.