Short
4 bearish signals in Ger30
Looking at the German DAX (Ger 30) we see 4 bearish patterns:
A Bat formed by the last swing
A H&S Pattern formed by the last 3 swings
Contact with a strong resistance area at the ATH (tested 3 times now).
RSI in oversold territory.
It seems like a horde of bears is around the corner. Did I miss something?
A Bat formed by the last swing
A H&S Pattern formed by the last 3 swings
Contact with a strong resistance area at the ATH (tested 3 times now).
RSI in oversold territory.
It seems like a horde of bears is around the corner. Did I miss something?
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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.