DE40 / GERMAN DAX INDEX ; SELL
Updated
- DOWNTREDND lower lows and lower highs ; still in correction phase
- fib rejection from sing high to swing low
- inside supply zone
- wait for distrbution 2 newer lows to confirm downtrend continuation
- fib rejection from sing high to swing low
- inside supply zone
- wait for distrbution 2 newer lows to confirm downtrend continuation
Trade closed: stop reached
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.