Nothing complex about this trade. The DAX is currently in a downward channel and has reached its resistance level, if we look back it has also hit previous support which is now resistance. We also get confirmation with price retracing off the 0.618 FIB level. I have uploaded this trade a little late as I have been busy with exams but I still think its not to lat to enter.
Good luck.
Good luck.
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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.