DAX GER30 Confluences for buys 1. Daily targets still not reached for a substantial pullback hence still bullish(Daily Target). 2. MSS confirmed this leaving behind a FVG a first line of defense as an IFVG(1) 3. Price action during the Asian session indicated supported buy-side pressure as shown by both VaL(2) and enventually after PoC(3). --------------- MSS- Market Structure shift PoC- Point of Control FVG-fair value Gap IFVG- Inverse Fair value Gap
Note
Resistance of a Previous Day's High has to be absorbed. The question is, to what level?
Trade closed manually
Seems to Be making a retest for Asian Highs. Ill take a partial just to be safe.
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.