DAX IndexShort
DAX Index - Intraday/Ultra Short Term Sell Idea
My pre-market plan. Opened strongly, now we focus on the sell plan.
RE-SELL RANGE | The range between 13952 to 13993 is an overshoot of the unfilled gap and declining 21-Day EMA . This is also the 61.8% FIB Range.
TF: Intraday; 1 to 3 days.
RE-BUY RANGE | If 13702 holds on an intraday basis, there’s a possibility that the index will target the unfilled gap (at 13902) which is in line with the declining 21-day EMA . Look for a potential overshoot to around 13961.
TF: Intraday; 1 to 3 days.
RE-SELL RANGE | The range between 13952 to 13993 is an overshoot of the unfilled gap and declining 21-Day EMA . This is also the 61.8% FIB Range.
TF: Intraday; 1 to 3 days.
RE-BUY RANGE | If 13702 holds on an intraday basis, there’s a possibility that the index will target the unfilled gap (at 13902) which is in line with the declining 21-day EMA . Look for a potential overshoot to around 13961.
TF: Intraday; 1 to 3 days.
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.