DAX might be ready to take the water park splash down ride soon.
Since the very large bounce recovery post Trump tariffs, it made a higher high, but since then it is moving limply and there is plenty of "trap door" risk here.
Current area looks like a continuation pattern.
We might get some impulsive splash down action soon.
I've been calling this one for a while - see linked thread.
This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
Since the very large bounce recovery post Trump tariffs, it made a higher high, but since then it is moving limply and there is plenty of "trap door" risk here.
Current area looks like a continuation pattern.
We might get some impulsive splash down action soon.
I've been calling this one for a while - see linked thread.
This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
Note
Instead of a continuation pattern, a choppy shallow cause building channel printed.The morning star pattern signalled strength arriving and now moving on up well.
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vigco.co/la-com-inv/8g5DVv78
Private Group | $50/month 💡
Contact | t.me/ThinkFastTrading
Publications connexes
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Broker I use: Vantage ✨
vigco.co/la-com-inv/8g5DVv78
Private Group | $50/month 💡
Contact | t.me/ThinkFastTrading
vigco.co/la-com-inv/8g5DVv78
Private Group | $50/month 💡
Contact | t.me/ThinkFastTrading
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.