DAX (DE40) has been trading within a 10-day Bearish Megaphone and is currently on Bullish Leg since yesterday's Lower Low. Having already secured the 1H MA50 (blue trend-line), the market should now test the bearish trend by either a reversal here or a 1H MA200 (orange trend-line) as a Resistance.
Notice also how the 1H RSI Resistance Zone sits just above the current level. We expect a reversal either way, targeting the 4H MA200 (red trend-line) at 24600.
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Notice also how the 1H RSI Resistance Zone sits just above the current level. We expect a reversal either way, targeting the 4H MA200 (red trend-line) at 24600.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。