Dax, have been hit hard by the trade tarifs and also a selloff in the market dose not make it better.
a rising wedge is forming, and i could see the price rise to, 12193.63 before further downside. also we have a major gab.
( Gabs does not always close... )
Also we have a bullish divergence.
_____
1. Bullish regular divergence
2. rising wedge.
3. Gab
4. Major trendline on a bigger timeframe. ( the green lines.)
a rising wedge is forming, and i could see the price rise to, 12193.63 before further downside. also we have a major gab.
( Gabs does not always close... )
Also we have a bullish divergence.
_____
1. Bullish regular divergence
2. rising wedge.
3. Gab
4. Major trendline on a bigger timeframe. ( the green lines.)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.