DAX IndexUpdated Mixed Emotions
Good Evening Traders. when i look @ 1hr chart, at first, i can spot A-B, a-b Bullish pattern.
if that is the case then TP1 @ 0.5% is a preferred view.
BUT, i can't ignore the weekly chart, where we saw remarkable Bear Steps, meaning, the might be around.
Zoom in to 30min chart, we can see a Bear Divergence building, and Red Candles building a good short opportunity,
also we have an open gap, marked in circle.
So, we might see another day of grinding, with no immediate winner.
Get ready for Thursday. With a lot of exiting events in us ...
forexfactory.com/calendar.php
But one thing at a time.
So stay safe and watch the charts.
if that is the case then TP1 @ 0.5% is a preferred view.
BUT, i can't ignore the weekly chart, where we saw remarkable Bear Steps, meaning, the might be around.
Zoom in to 30min chart, we can see a Bear Divergence building, and Red Candles building a good short opportunity,
also we have an open gap, marked in circle.
So, we might see another day of grinding, with no immediate winner.
Get ready for Thursday. With a lot of exiting events in us ...
forexfactory.com/calendar.php
But one thing at a time.
So stay safe and watch the charts.
Note
30 min chart. we have divergence here. bearish one.s3.amazonaws.com/tradingview/snapshots/d/dhKbY3SN.png
Note
looks bullish in small TF - trade with tight stops !s3.amazonaws.com/tradingview/snapshots/x/xKP8ZSLG.png
Trade closed: stop reached
closed in small profit :(Note
that was actually a very good BULL call :)
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