My view and target for DAX 40 for 27.12.24Hi guys, How are you doing? Merry Christmas
** The time frame is the daily
** The bule curved lined indicates to the points of support which the index HAS to settle on and as you see, it went there to touch by long wick which is not enough for me! should be by a body or to go down than these points then to bounce back up and settle on again, however, I personally believe that even after the index will go to my TP, these points will not hold and the index will continue go further moves to the downside, but it is early still to judge on now.
** The previous daily candles wicks have to be filled which is supporting my idea too.
** Please zoom out and open your daily frame chart then you van have a better understanding on your charts!
** Good luck always
Note:
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.