Dax30 after rebound from the greatest correction

Dax30 after rebound from the greatest correction


DAX30

Yesterday I couldn't be on the charts and a shame about the morning break at Dax. Earlier analysis assumed a decline to the last OerBalance correction, but as you can see the index lowered the price even more. The price has reached the level of the last largest correction in the H4 time interval and then we see a rebound. Currently, investors have tried to break through the resistance twice, but to no avail. Currently, I assume that if Europe breaks this level, I will look for a place for a long position, if not, I will wait for a signal for further declines to continue.

DAX H1

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Analysis of the financial markets
Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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