DAX // weekly move above the long trigger

DAX is in a short trend for some time, but buyers took back the previous start of the weekly impulse.

It's a long sign, however, this is only a move... no trend is built up on the weekly.

I assume we'll see a correction of this last weekly long impulse wave, bringing the price back in between the long and the short trigger zone.

Then we'll see where it's heading, important price levels are marked on the chart.

As long as the long trigger zone stands on the daily, I'm looking for corrections on the lower timeframes (H4/H1) and go for that countertrend breaks.


Trade safe! ⚪️⚫️


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ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!


Remember that trading is a business.
SIZE your TRADES according to your risk aversion!

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DAX IndexTrend Analysis

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