DAX weekly chart and potential short trade setup:
After a dynamic move downwards on Monday morning, a corrective retracement back to
8300 seems likely, with a test of this level and of the trendline from the lower side. There
8300 seems likely, with a test of this level and of the trendline from the lower side. There
a good entry point could develop, for a move down to 8170 (100% Fibo-extension) or
even lower to the island-gap from 8130 to 8085.
Have a successful trading week, Tom
No comments:
Post a Comment