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Neel_K
29. Mrz. 2016 23:47

Exciting Day(s) Ahead !!! -  

DAX index of German listed sharesFXCM

Beschreibung

Price has been trading in the range. just below 1000 mark for few days.
Previous 3 attempts have been rejected categorically. (2spikes)
Bears have not yet made a lower low. ( HH, HC) - Marked in blue.

With Month End approaching and number of News lined up, the we may see a clearer picture soon.

IF price breaks and closes above 10000 mark, it will look to touch 10400 level.
IF price fails to make a bullish high, it could continue on with the trading range play for longer.

Will keep an eye for setups in lower time-frame on this one.
Kommentare
YuanLiu
Neel_K
so far so good. The attempt to break the resistance is on. Next push (IF and When it happens should give more swing opportunities.
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