A rising wedge is forming after a longer downtrend.
The rising wedge are functioning as a consolidation pattern.
Take in minde that a rising wedge is a poor performer, historically.
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Entry will be when the support is brokken.
if so we could se the price go to 11.800 and 11.700
If not, and the price breaks the resistance line. we could se price go to 12.190. before further downside.
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The index is very correlated with EUR/USD
i se the price of the euro slide a bit further befor gaining again, and therefore the price of dax, have a good chance for further gains. before the 2 mentioned is making a u-turn.
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1. Rising wedge
2. Lower prices in EUR/USD
3. bullish regular divergence ( see in the RSI and Chart)
The rising wedge are functioning as a consolidation pattern.
Take in minde that a rising wedge is a poor performer, historically.
__
Entry will be when the support is brokken.
if so we could se the price go to 11.800 and 11.700
If not, and the price breaks the resistance line. we could se price go to 12.190. before further downside.
___
The index is very correlated with EUR/USD
i se the price of the euro slide a bit further befor gaining again, and therefore the price of dax, have a good chance for further gains. before the 2 mentioned is making a u-turn.
____
1. Rising wedge
2. Lower prices in EUR/USD
3. bullish regular divergence ( see in the RSI and Chart)
노트
4. A trend channel. (zoom out)면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
