Germanindex
Daily Outside Bar just below the PRZ of a Gartley The German DAX continues to consolidate just below the PRZ of weekly bearish Gartley pattern.
Today, after Draghi's ECB press conference, the German Index formed a daily Outside Bar that will be triggered if the price will decline below 10,600
For now, the Fast MA line (in yellow) continues to play its support role and drives the price higher every time it touches it.
When it'll fail, it'll be the trigger for a pullback towards 10,000 again (with 10,350-10,400 as mid Target) to test the strong weekly support there.
GER30 4 hThat was a big short now watch out. 10365/75 can be long, but it's not clear we can see 10 k an than up.
So we have to wait what happend.
10365/75 könnte der Wendepunkt sein, das ist aber noch nicht klar da auch noch 10 k abgeholt werden können.
Also abwarten bzw.Shortgewinne mitnehmen. DAX die 10 k kommen sollte sich heute oder morgen entscheiden denke ich
Handel nach eurem Plan!