Updated

Dax possible scenario

Dax manage to break the channel and stay above it,a retest and consolidation above it can send the index to 12950 zone. Buy Yellow zone and Sell Red zone

Note

12420 was a good entry for bulls today,since 390 provide good support above green line. A break through 520 will open the way for 580-650 ,the next points for pullback

snapshot

Note

Short 505 with tight SL,profit and buy zone 390-260

Note

wait for test redline at 12470 to enter long with tight SL,target 12950

Note

12390 is next entry point, SL 12300, TP 12950

Trade active

Trade closed manually

Waiting for 12250-280 to enter again

Constantin_Cristian

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Constantin_Cristian

Also on:

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.