Hi Traders,
DAX today reached its channel resistance and also resistance line around 11,620. I expect for him to find resistance in this zone, however, It wouldnt surprise me see him making another high tomorrow to touch that 0.618% fib at 11,731 and fall, HOWEVER, we need to close the daily bellow channel line to show that sellers put some short orders.
Stop loss I would put at 11,840 (abit higher than the last high to not see DAX stop some trader out and than fall).
Thanks for looking!
Thiago Duarte
ThiagoTrader
thiago@duarteinvestmentgroup.com
DAX today reached its channel resistance and also resistance line around 11,620. I expect for him to find resistance in this zone, however, It wouldnt surprise me see him making another high tomorrow to touch that 0.618% fib at 11,731 and fall, HOWEVER, we need to close the daily bellow channel line to show that sellers put some short orders.
Stop loss I would put at 11,840 (abit higher than the last high to not see DAX stop some trader out and than fall).
Thanks for looking!
Thiago Duarte
ThiagoTrader
thiago@duarteinvestmentgroup.com
Penafian
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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.