Dax LONG end of 5.4. What will happen now ?
Hello to all who watch a charts.
Dax is still LONG, I think that's clear
But what can we expect for the next trading days ?
As you can see I have now drawn 2 support lines in red below these Dax
should not fall for further long positions.
That's the first at 11974 (ca) and the second at 11963 (ca) so we say :
A range from 11960 to 11980 is our support zone for tomorrow , Monday.
If Dax - DEU30 falls in 1 hour Renkochart
below these support zone Short is announced.
Have an eye on these key support zone.
(Please always wait for the end of the hour ( end of 1 HR Chart ) to check and to avoid wrong signals)
If these zone hold then I see the Dax continue long.
If not Long positions should be closed immediately
Good trades
Dax is still LONG, I think that's clear
But what can we expect for the next trading days ?
As you can see I have now drawn 2 support lines in red below these Dax
should not fall for further long positions.
That's the first at 11974 (ca) and the second at 11963 (ca) so we say :
A range from 11960 to 11980 is our support zone for tomorrow , Monday.
If Dax - DEU30 falls in 1 hour Renkochart
below these support zone Short is announced.
Have an eye on these key support zone.
(Please always wait for the end of the hour ( end of 1 HR Chart ) to check and to avoid wrong signals)
If these zone hold then I see the Dax continue long.
If not Long positions should be closed immediately
Good trades
Related publications
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.