DAX short at first, long afterwards
This is my first ever chart so bare with me.
Buying volume has decreased and profit taking is underway. First level to hit 23.6% Fibonacci or 10584. Next 38.2% which will cause buyers coming in and at 50% lots of buys underway. If that doesn't hold it could go down way further. If it holds bulls will regain their control of the chart
Buying volume has decreased and profit taking is underway. First level to hit 23.6% Fibonacci or 10584. Next 38.2% which will cause buyers coming in and at 50% lots of buys underway. If that doesn't hold it could go down way further. If it holds bulls will regain their control of the chart
Penafian
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