GER30 Dax good Bullish Target in VERY STRONG Bearish Area.

COMPLETE Technical Analysis of GER30 Dax

GER30 ( DAX ) Double 'W1" High candles broken for bullish move in the next weeks and maybe months.
W1 target Convergences : 11'945
- W1 Double Highs heigth
- Past D1 swing low
- MN1/W1 Bearish Head/Shoulders pullback area

Even if we had a heavy MN1 "head and shoulders",
the market has drawn a good break out :

- Double W1 high broken.
- MN1 "mother candle" broken.
- First near target high probability. (+ past swing low at the same level).

Only buy in daily basis for "day trading" above 11'690.
And if we finally break down under 11'390, then sell.

W1 target Convergences : 11'945
- W1 Double Highs heigth
- Past D1 swing low
- MN1/W1 Bearish Head/Shoulders pullback area

Yorum:

Yorum:

Bearish side :