what a huge gap!
we haven't seen such for a long period of time on DAX and it is very telling!
the market perfectly dropped on strong horizontal support and it is the last resort for the buyers.
being broken to the downside, it will trigger selling reaction of market participants giving us a great chance to short the market!
Key levels in case of breakout:
12500
11900
be patient and don't jump in before the breakout!
please, support the idea with like! thank you!
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.