COMPLETE Technical Analysis of GER30 Dax
GER30 ( DAX ) Double 'W1" High candles broken for bullish move in the next weeks and maybe months.
W1 target Convergences : 11'945
- W1 Double Highs heigth
- Past D1 swing low
- MN1/W1 Bearish Head/Shoulders pullback area
Even if we had a heavy MN1 "head and shoulders",
the market has drawn a good break out :
- Double W1 high broken.
- MN1 "mother candle" broken.
- First near target high probability. (+ past swing low at the same level).
Only buy in daily basis for "day trading" above 11'690.
And if we finally break down under 11'390, then sell.
W1 target Convergences : 11'945
- W1 Double Highs heigth
- Past D1 swing low
- MN1/W1 Bearish Head/Shoulders pullback area
GER30 ( DAX ) Double 'W1" High candles broken for bullish move in the next weeks and maybe months.
W1 target Convergences : 11'945
- W1 Double Highs heigth
- Past D1 swing low
- MN1/W1 Bearish Head/Shoulders pullback area
Even if we had a heavy MN1 "head and shoulders",
the market has drawn a good break out :
- Double W1 high broken.
- MN1 "mother candle" broken.
- First near target high probability. (+ past swing low at the same level).
Only buy in daily basis for "day trading" above 11'690.
And if we finally break down under 11'390, then sell.
W1 target Convergences : 11'945
- W1 Double Highs heigth
- Past D1 swing low
- MN1/W1 Bearish Head/Shoulders pullback area
Note
Note
Bearish side :
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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.
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.