DAX Index – an Uptrend or Technical Correction?


55 5

On the H1 time frame, the DAX seems to be bullish, But if we take a look at the higher time frame we can see it is only a technical correction. The fresh supply above is in confluence with Fibonacci 61.8% which creates a powerful setup to sell the DAX index. I'll sell at the moment the price will touch the supply. The target will be 11.700 zones.
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock