GER30 Dax good Bullish Target in VERY STRONG Bearish Area.
Updated
COMPLETE Technical Analysis of GER30 Dax
GER30 ( DAX ) Double 'W1" High candles broken for bullish move in the next weeks and maybe months.
W1 target Convergences : 11'945
- W1 Double Highs heigth
- Past D1 swing low
- MN1/W1 Bearish Head/Shoulders pullback area
Even if we had a heavy MN1 "head and shoulders",
the market has drawn a good break out :
- Double W1 high broken.
- MN1 "mother candle" broken.
- First near target high probability. (+ past swing low at the same level).
Only buy in daily basis for "day trading" above 11'690.
And if we finally break down under 11'390, then sell.
W1 target Convergences : 11'945
- W1 Double Highs heigth
- Past D1 swing low
- MN1/W1 Bearish Head/Shoulders pullback area
GER30 ( DAX ) Double 'W1" High candles broken for bullish move in the next weeks and maybe months.
W1 target Convergences : 11'945
- W1 Double Highs heigth
- Past D1 swing low
- MN1/W1 Bearish Head/Shoulders pullback area
Even if we had a heavy MN1 "head and shoulders",
the market has drawn a good break out :
- Double W1 high broken.
- MN1 "mother candle" broken.
- First near target high probability. (+ past swing low at the same level).
Only buy in daily basis for "day trading" above 11'690.
And if we finally break down under 11'390, then sell.
W1 target Convergences : 11'945
- W1 Double Highs heigth
- Past D1 swing low
- MN1/W1 Bearish Head/Shoulders pullback area
Comment
Comment
Bearish side :
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