We're arriving shortly at 10538 which is 61.8% of the down move from 10707 to 10246 and this may be significant. If a reversal signal appears we have a good chance that DAX is going down to 10323 or even further. Otherwise we can expect to see the 10600-10700s .
Price action is everything and FIBS perhaps an annoying distraction.
Wishing you a good day's trading!
Price action is everything and FIBS perhaps an annoying distraction.
Wishing you a good day's trading!
Trade active
10638 hit at 6:24 this morning. Early reversal signal may have come at 20:00 last night...Trade active
TP1 = 10323TP2 = 10269
TP3 = 10191
Trade active
So pleased when a plan works out....!Now watch out for price action. This could turn on a dime....
Anyways, thanks for looking at my chart and I wish you good luck tomorrow too!
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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.