DAX: ⬆️ Buy – DAX reversed from the support level of 23500.00 – Likely to reach resistance level 24625.00 DAX index recently reversed up from the support level of 23500.00 (which has been reversing the price from May), standing near the lower daily Bollinger Band. The upward reversal from the support level of 23500.00 started […]
DAX: ⬇️ Sell – DAX reversed from the resistance area – Likely to fall to support level 23675.00. DAX index recently reversed down the resistance area between the pivotal resistance level 24500.00 (former top of wave 3 from June) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the earlier […]
DAX: ⬆️ Buy – DAX reversed from the support level 23320.00 – Likely to rise to resistance level 24500.00 DAX index recently reversed from the key support level 23320.00 (former double top from March, as can be seen from the daily DAX chart below). The upward reversal from the support level 23320.00 started the active minor […]
DAX: ⬇️ Sell – DAX reversed from key resistance level 23435,00 – Likely to fall to support level 22700.00 DAX index recently reversed down from the key resistance level 23435,00 (which stopped the previous impulse wave (1) in the middle of March). The resistance level 23435,00 was further strengthened by the upper daily Bollinger Band. […]
DAX: ⬆️ Buy – DAX broke resistance area – Likely to rise to resistance level 22500.00 DAX index is under the bullish pressure after it broke the resistance area between resistance level 21500.00 (top of the previous correction A) and the 61.8% Fibonacci correction of the downward ABC wave (2) from March. The breakout of […]
• Dax reversed from resistance zone• Likely to fall to support level 3.000 Dax index recently reversed down from the resistance zone lying between the key resistance level 3220.0 (former strong support from last year) and the 38.2% Fibonacci correction of the earlier downward impulse from last month. The downward reversal from this resistance zone […]