Divergence pattern on 4H - in DAX
There is a stochastic divergence on 4H, so my guess is that one of the resistances could send it it down.
The red lines are earlier tops, and the green line is FIB retracements from the two earlier higs.
If DAX is bouncing off of one of the next recistences it also could set up an SHS pattern.
It's just my thoughts - I'll be posting when I think there is an actual trade.
Be aware there is NFP today!
The red lines are earlier tops, and the green line is FIB retracements from the two earlier higs.
If DAX is bouncing off of one of the next recistences it also could set up an SHS pattern.
It's just my thoughts - I'll be posting when I think there is an actual trade.
Be aware there is NFP today!
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