DAX is approaching our first resistance at 11778.68 (Horizontal pullback resistance, 50% fibonacci retracement , 100% fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 10989.90 (horizontal pullback support, 61.8% fibonacci extension , 50% fibonacci retracement ).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
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👉👉 Join The OFA Inner Circle:
📓📓Learn Order Flow like a PRO:
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📓📓Learn Order Flow like a PRO:
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🧑🏫🧑🏫 Author of the #1 Order Flow Script:
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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.