Short
Falling wedge on DAX
Hello Traders
On weekend I published this idea first. Now the price formed a falling wedge and is now at the resistance from last week lows. The Traders Dynamic Index is bearish too.
If the price break through the wedge support plus the 38.2 fib level there will be a good chance that it will go further down to the 50 fib level maybe till 61.8 level.
Good Trades
On weekend I published this idea first. Now the price formed a falling wedge and is now at the resistance from last week lows. The Traders Dynamic Index is bearish too.
If the price break through the wedge support plus the 38.2 fib level there will be a good chance that it will go further down to the 50 fib level maybe till 61.8 level.
Good Trades
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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.
Related publications
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.