DAX remains inside a Channel Down pattern. The price just got rejected on the MA50 (4h).
The pattern so far matches exactly the first bearish sequence of the pattern.
Trading Plan:
1. Sell on the current market price and keep as long as the price trades under it.
Targets:
1. 14950 (-3.75%, symmetry with August).
Tips:
1. The MACD (4h) is on the exact same level as the August 11th rejection on the MA50 (4h).
Please like, follow and comment!!
Notes:
Past trading plan:
The pattern so far matches exactly the first bearish sequence of the pattern.
Trading Plan:
1. Sell on the current market price and keep as long as the price trades under it.
Targets:
1. 14950 (-3.75%, symmetry with August).
Tips:
1. The MACD (4h) is on the exact same level as the August 11th rejection on the MA50 (4h).
Please like, follow and comment!!
Notes:
Past trading plan:
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.