DAX short on Resistance level
Hello folks,
I am not an expert.
If the dax touches the black line as a resistance level then a short position can be taken. The prices would form a W configuration.
TP = 10160 to the low of the previous days.
If prices break the resistance level (black line) then the prices may go up to the MME 50 in the 30min time frame aroud 10400.
Lets see..
I am not an expert.
If the dax touches the black line as a resistance level then a short position can be taken. The prices would form a W configuration.
TP = 10160 to the low of the previous days.
If prices break the resistance level (black line) then the prices may go up to the MME 50 in the 30min time frame aroud 10400.
Lets see..
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.