DAX in a Descending Triangle pattern (TRADEBIRD)

6 thg 12, 2017

Dax is following the pattern of a Descending triangle, the high's are getting lower with each wave, I expect a breakdown to 12600 soon like the arrow in my chart is showing.

Safe Trading!

6 thg 12, 2017

Ghi chú

It is stated that Descending triangles breakout to the downside 64% of the time

8 thg 12, 2017

Ghi chú

Descending triangle Failed, DAX is still at the top of its channel near the resistance on the 1W chart so I still am bearish, I'll try my best to find a new bearish pattern at the higher levels.