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Dax Forecast
D1 - Bearish hidden divergence.
H4 - We have two important sell zones that has formed based on the fibonacci expansion levels of the two waves we have. Bearish divergence
H1 - Price has reached the first sell zone, bearish divergence. If the price moves lower, breaks and holds below the low at 10139 we may then expect further continuation lower.
Alternatively if the price moves higher then the next area to look for bearish setups with bearish evidences would be the second sell zone.
H4 - We have two important sell zones that has formed based on the fibonacci expansion levels of the two waves we have. Bearish divergence
H1 - Price has reached the first sell zone, bearish divergence. If the price moves lower, breaks and holds below the low at 10139 we may then expect further continuation lower.
Alternatively if the price moves higher then the next area to look for bearish setups with bearish evidences would be the second sell zone.
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