Hello fellow traders and investors,
The DAX is finding support at the support of the linear uptrend channel. We anticipate upon the move we've highlighted with the ghost bars, which means an impulse followed by a flag. As long as the impulse to the upside happens a double top is likely for this indice.
Good luck and don't forget to give us a thumb if you like our analysis! If you have any questions or want us to analyse a specific pair, feel free to contact us.
Regards, ValescoTradingGroup
The DAX is finding support at the support of the linear uptrend channel. We anticipate upon the move we've highlighted with the ghost bars, which means an impulse followed by a flag. As long as the impulse to the upside happens a double top is likely for this indice.
Good luck and don't forget to give us a thumb if you like our analysis! If you have any questions or want us to analyse a specific pair, feel free to contact us.
Regards, ValescoTradingGroup