Dax30 long after huge losses 2018, Target 11.200
Updated
Possible huge retrace after mysterious sell from top.
Based on RSI H1 D1 oversold cycle.
TP at 11.300 for the next target.
Possible retrace in Dow30 also needed. Dow20 ist almost also oversold.
We also could get a nice rally for 2019 as always in the early months of the year.
Why?
-RSI
-Strong Economy
-Closing economy war US/CHINA
-Closing Brexit
Based on RSI H1 D1 oversold cycle.
TP at 11.300 for the next target.
Possible retrace in Dow30 also needed. Dow20 ist almost also oversold.
We also could get a nice rally for 2019 as always in the early months of the year.
Why?
-RSI
-Strong Economy
-Closing economy war US/CHINA
-Closing Brexit
Trade closed: target reached
Done :)
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