DAX40 1: 1 correction what next?


A few days ago I wrote about the scenario with the OverBalance formation and today we see that the price is at the border of the formation. The German index is in a strong trend so we are currently waiting for a correction and breakout of local support from a low time frame to get the first signal to short. If this does not happen, we remain long.


How do you rate this article?



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/

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.