Looking at 2 potential long opportunities on the DAX. This is just my basic analysis and can be best enjoyed with a 'Pinch of salt' and/or any left over Turkey from Christmas!
Trade Option 1 - Trend Continuation
MACD starting to indicate a move to the upside along with heavily OS RSI and Price Action currently sat on a prominent support level around 10680. The potential is high here for a move back to the upside and targets back at a retest of previous highs should support @ 10680 hold.
Trade Option 2 - Bull Cypher
Should price action break below the frequented 10680 and a retest of this level holds true as resistance then a potential Cypher is lined up for completion at 10499 zone with T1 @ 382 fib and extended T2 @ 618 fib
Trade Option 1 - Trend Continuation
MACD starting to indicate a move to the upside along with heavily OS RSI and Price Action currently sat on a prominent support level around 10680. The potential is high here for a move back to the upside and targets back at a retest of previous highs should support @ 10680 hold.
Trade Option 2 - Bull Cypher
Should price action break below the frequented 10680 and a retest of this level holds true as resistance then a potential Cypher is lined up for completion at 10499 zone with T1 @ 382 fib and extended T2 @ 618 fib
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.