HELLO EVERYONE
A look at the DAX INDEX from the monthly, weekly & the 4H charts the sentiment is net bullish meaning we might see a break of the historic resistance level 13570.66 and see continuation with the bulls, the index is currently trading is a bull flag which could signal continuation to the upside and momentum favors continuation, but looking at the index its overbought on most indicators meaning we might see a pull back before continuation to the upside so trade will be triggered once we break above of the bull flag.
As always higher time-frames for direction and whats happening in the overall chart and lower time-frames for entry opportunities.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET THE WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
A look at the DAX INDEX from the monthly, weekly & the 4H charts the sentiment is net bullish meaning we might see a break of the historic resistance level 13570.66 and see continuation with the bulls, the index is currently trading is a bull flag which could signal continuation to the upside and momentum favors continuation, but looking at the index its overbought on most indicators meaning we might see a pull back before continuation to the upside so trade will be triggered once we break above of the bull flag.
As always higher time-frames for direction and whats happening in the overall chart and lower time-frames for entry opportunities.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET THE WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.