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Dax - Looking To Sell Pullbacks In the Short Term
German 40 Index
Short
Dax - Looking To Sell Pullbacks In the Short Term
By VladimirRibakov
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Dec 21, 2022
1
Dec 21, 2022
H4 - Price respected a key resistance zone and bounced lower.
Bearish divergence.
Lower lows.
H1 - Bearish trend pattern.
Currently it looks like a correction is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
Bearish Patterns
bearishdivergence
bearishtrendpattern
correction
DAX Index
Fibonacci
ger40
keyresistancezone
lowerlows
Multiple Time Frame Analysis
SELL
Trend Analysis
VladimirRibakov
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