DAX in a good rising channel with multiple confirmations.
Break to the downside is a sell signal, need an impulsive break. It will also break 50 and 200 SMA's.
If DAX continues to the upside this morning, waiting to see if it can break higher than 61.8% to have more confirmation for a long.
PMI from Europe this morning is released, so could cause volatility!
Please support the idea and share your thoughts on DAX!
Good Luck and Stay Healthy!
Break to the downside is a sell signal, need an impulsive break. It will also break 50 and 200 SMA's.
If DAX continues to the upside this morning, waiting to see if it can break higher than 61.8% to have more confirmation for a long.
PMI from Europe this morning is released, so could cause volatility!
Please support the idea and share your thoughts on DAX!
Good Luck and Stay Healthy!