DAX got rejected on the MA200 (4h) and is pulling back.
This is heavy pressure as it took place near the top of the 2 month Channel Down.
Trading Plan:
1. Sell on the first green (4h) candle.
2. Buy if Resistance (1) breaks.
Targets:
1. 15230 (Rising Support and -2.20% decline like the September 5th pull back).
2. 16000 (Resistance 2).
Tips:
1. The MACD (4h) just formed a Sell Cross. This amplifies the short term selling momentum.
Please like, follow and comment!!
Notes:
Past trading plan:
This is heavy pressure as it took place near the top of the 2 month Channel Down.
Trading Plan:
1. Sell on the first green (4h) candle.
2. Buy if Resistance (1) breaks.
Targets:
1. 15230 (Rising Support and -2.20% decline like the September 5th pull back).
2. 16000 (Resistance 2).
Tips:
1. The MACD (4h) just formed a Sell Cross. This amplifies the short term selling momentum.
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.