-ve data likely to drag price down to previous support level
DAX short if hits weekly double top etc
Reductionist SUD view : Sideways, Up, Down scenarios for Lower
J hook seems to be dev elop on lower time frame
Higher time frame suggest DAX may eventaully go higher. Set alerts at 1300 level to see if rebounds or breaks through.
S : Sideways U : Move to the Long D : Downside price movement
Reductionist version of supply/demand, price action/order flow and support/resistance. Considering news..Sideways and Down most likely. alerts/pending orders can be set at levels.
Strong resistance suggests short option and zone targets 1 and 2 most like;y. If break through hard resistance then target zone for long marked.
Both long and short targets. Short likely if 200 ema bounce happens.
Short traget . Trail stop loss until Wednesday inflation annoucments cleared.
Waiting for break from monotonous range bound market. Levels marked from weekly down to 4H
Unless US Employment stats deviate drastically expect euro to continue down