Key observations on the TEC DAX chart:
-Fibonacci resistance on a major timeframe.
-Bullish flag formation.
How these elements interact:
Since peaking in November 2021, TEC DAX has undergone a correction, with the market closely respecting the 61.8% Fibonacci resistance level. This level acts as a pivotal line, distinguishing between bullish and bearish forces. Now, right below this resistance, a bullish flag has formed, indicating that the bulls have meticulously prepared for this crucial confrontation.
A significant battle is looming. Once the bears capitulate at this resistance, it could clear the path for an unhindered bull run.
However, does this mean you should go all in with the bulls? Not necessarily. Money management is crucial. Every battle has an end, and the outcome isn't certain. While I'm currently betting on the bulls, always remember the risk of a bearish resurgence.
-Fibonacci resistance on a major timeframe.
-Bullish flag formation.
How these elements interact:
Since peaking in November 2021, TEC DAX has undergone a correction, with the market closely respecting the 61.8% Fibonacci resistance level. This level acts as a pivotal line, distinguishing between bullish and bearish forces. Now, right below this resistance, a bullish flag has formed, indicating that the bulls have meticulously prepared for this crucial confrontation.
A significant battle is looming. Once the bears capitulate at this resistance, it could clear the path for an unhindered bull run.
However, does this mean you should go all in with the bulls? Not necessarily. Money management is crucial. Every battle has an end, and the outcome isn't certain. While I'm currently betting on the bulls, always remember the risk of a bearish resurgence.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.