The DAX continues in an uptrend


DAX30

The German Index, despite quite strong corrections on which you can easily catch 100 points, is growing in strength. The period is approaching where volatility is falling, but as you can see from the charts, not yet. Currently, I expect a further increase as there are no indications for short positions. This is indicated by the lower time interval M5. Personally, I am waiting for the start of the European session, and after breaking the resistance, I will look for a place to go long. In the event that the price does not break the resistance upwards and continues to fall, I will wait for the correction and then go short. For example, yesterday after a rebound, I entered a long position only before 4pm European time because there was no correction before, which I thought was good.

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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