DAX Index
Short
Updated

Trade plan for DAX (Hidden Divergence + Trendline + Wolfe Waves)

128
Price is forming a consolidation just below the trend line resistance within a triangle wolfe wave formation with long term trend line support with hidden divergence on MACD. I am expecting a short term sell position followed with Buy positions to test previous high. GER30

Stops & TP's are on the chart. Trade according to your plan.

Good luck trading.

Regards,

Jeevan.K
Trade active
Trade 1 active

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.