Updated
A long term chart for DGB
DGB has been partially broken his large downtrend started from 2600.
Price as a strong support at 600, in case of breaking it, it could drop to 400-500 zone, if breaks it then think about a definitive trend change.
We will open long positions at 600-700 zone with 380 as stop, closing the positions every important fib retracement (1000, 1400, 1700, 2000 and 2600)
Note: Trade at your own risk, this is an especulation.
Price as a strong support at 600, in case of breaking it, it could drop to 400-500 zone, if breaks it then think about a definitive trend change.
We will open long positions at 600-700 zone with 380 as stop, closing the positions every important fib retracement (1000, 1400, 1700, 2000 and 2600)
Note: Trade at your own risk, this is an especulation.
Note
Price touched support 2Note
Price bounced good on support 2Note
We are now on support 1Note
Price broke last 2 downtrendsNote
600 zone is still an important resistance level that could breakNote
600 zone is now supportTrade active
Note
Price is near to touch main uptrendNote
Some strong corrections, let's continue the travel
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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.
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.