Will DAX break 12,000? Major support area ahead
I don't trade stocks but the price principles are the same across asset classes and once you understand how to read buyer-sellee dynamics, you will be able to interpret any chart.
The DAX broke it's 20 SMA a while back and is about to confirm the retest which is an important pattern.
A break of 12,000 would open the room for more downside and it could start a deeper drop.
The DAX broke it's 20 SMA a while back and is about to confirm the retest which is an important pattern.
A break of 12,000 would open the room for more downside and it could start a deeper drop.
I have been trading for 15 years!
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> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: tradeciety.com/webinar/
> Free blog: tradeciety.com/blog
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