Last week we had a quite bullish week. I am saying quite, because we really saw a DAX increase by +2% until the mid of the week. From Wednesday on we have seen a retracement 88.6 retracement of last upswing. Fine so far.
I made my pips with my long set ups since I am usually not more than some hours in a trade.
What comes next? I do expect a further upswing witin the next week for the DAX. I will look for some long set ups, but keeping still in mind that currently we are in a high volatility zone. Market may decide to break out of the channel.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
I made my pips with my long set ups since I am usually not more than some hours in a trade.
What comes next? I do expect a further upswing witin the next week for the DAX. I will look for some long set ups, but keeping still in mind that currently we are in a high volatility zone. Market may decide to break out of the channel.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
