-A bullish harmonic pattern “BUTTERFLY” was detected in (H4) -On the downside, 11.82 should be watched. -But the probabilities are stronger on the rise. -The ECB’s speech will perhaps “change the situation”. -Don't forget that Volatility lives up to its name VERY well! -Be careful and “stay covered!” » ;-)
DAX: Bearish BUTTERFLY - Beyond the technical aspect, we can see that the DAX will spark a huge bullish rally following Madame Lagarde's interest rate hike announcement. As far as I remember, interest rate increases rarely increase 1% at the same time. Today's excuses for "buying rising rates" include: “We buy because we feel the upward cycle is over, and this...
DAX: BUTTERFLY - Beyond the technical aspect, we can see that the DAX will spark a huge bullish rally following Madame Lagarde's interest rate hike announcement. As far as I remember, interest rate increases rarely increase 1% at the same time. Today's excuses for "buying rising rates" include: “We buy because we feel the upward cycle is over, and this makes...