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Kaetea_Ng
9 Ağu 2019 12:01

Price returning back into range - DAX August 9th Satış

DAX index of German listed sharesFXCM

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Hello traders,
this morning the DAX broke out of the range again, above the resistance 11731. Now we are back in the range and we can expect bearish moves.

A good entry-level to enter short is to wait for a retest at the resistance 11731. We can then target a demand zone inside the range (11618 - 11640)

If the sellers are very strong, we could also see a test of the bottom range (support 11551)

Have a great trading day!
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