animsaj70

animsaj70

DAX has reached support level and shows the signs of pulling back. Target is placed on the minor resistance level, that coincides with trend line and fib reversal. This is an short term move, or pullback. Major trend is down, so I expect DAX to continue lower on a longer term it is just too stretched out at the moment and needs some sort of correction . RSI is in...

animsaj70

Triangle pattern is being formed after the strong rejection from the support zone. May indicate reversal to the upside. Also the trend line is broken which indicates the weakening of the downtrend TARGETS to the UPSIDE: 14320, 14530 TARGET to the downside(if triangle pattern fails): 13800