DAX // What needs to happen before the deep correction?

vor 6 Tagen

The market has almost reached the daily target fibo 238.2 after an unbelievable run!

But every impulse has a correction, so mabe it's time to be prepared.

The H4 structure already broke, but there is no new wave, and there is a clear H1 breakout that may push the balance for the sellers.

Smart money (my tick-by-tick volume analysis indicator) is selling for more than a week.

The daily impulse base is very close, and may trigger sell orders.

If there will be a huge fight, we may also see a sideways market for some time.

———

We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.

Stay grounded, stay present.🏄🏼‍♂️

Your comments and support are appreciated! 👊🏼

vor 5 Tagen

Anmerkung

H4 trend turns bearish.

vor 4 Tagen

Trade geschlossen: Ziel wurde erreicht

vorgestern

Anmerkung

Second target reached.