DAX is on a 2-day pullback with a new (dashed) Channel Up emerging.
The index is already inside two long term Channel Up patterns.
The RSI (1d) crossed under its MA level, calling for a technical pullback inside the borders of these Channel Up patterns.
Trading Plan:
1. Sell as long as the price remains under Resistance (1).
2. Buy if it breaks above it.
Targets:
1. 15740 (bottom on two Channel Up patterns).
2. 16950 (top on two Channel Up patterns).
Tips:
1. The RSI (1d) has a Rising Support. Keep that in mind as if it holds you might consider closing the short position earlier.
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Notes:
Past trading plan:

The index is already inside two long term Channel Up patterns.
The RSI (1d) crossed under its MA level, calling for a technical pullback inside the borders of these Channel Up patterns.
Trading Plan:
1. Sell as long as the price remains under Resistance (1).
2. Buy if it breaks above it.
Targets:
1. 15740 (bottom on two Channel Up patterns).
2. 16950 (top on two Channel Up patterns).
Tips:
1. The RSI (1d) has a Rising Support. Keep that in mind as if it holds you might consider closing the short position earlier.
Please like, follow and comment!!
Notes:
Past trading plan:

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Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.