DAX Cash Index forum
DE40 Said it was a bear trap. Once it started that tight range it was obvious what was coming BUT WHEN. Its best to let it happen then rethink from there.
DE40 My bias is buy and this range is a bear trap.
DE40 Lets see. Expecting this to go 20,000
DE40 Starts to look as a typical bear flag, 4H and 1H. Although the EW theory says a B should retrace about 61.8% of A at minimum, the DAX never really cared much for those rules. A run for that 61.8% (20200) is still possible, but the chance it will happen gets slimmer as we go.GER40 19727 is where I will close my short tradeI hade done more than enough already but will keep my gold and Brent Crude oil trade though
GER40 19800 confirmedGER40 when the knowledge and confidence meet, no whalers can manipulate anyone!GER40 if the current 4h candle closes under the close of the previous candle will confirm the huge bearish waveGER40 19959.5 and 20010 are the real tests for Dax, rather than that, not more than filling the upper wick of the huge 8h red spinning top candle which even appeared after a huge red doji one!!! You should consider what I said to not let the current green candles shine on chart to you 😉