Approaching a strong resistance zone

DAX index of German listed sharesFXCM

Descrição

⋅ 28 de Jul de 2015 10:31

DAX rally today is pushing the price back up towards the top of the trading channel where it will meet a strong structure resistance and 2 SMA lines (additional resistance).
Breakout or continuation lower?
What do you think?

Comentários

BaliShag

⋅ 28 de Jul de 2015 10:49

Nice chart! 11.400 (or the zone below on your chart) followed by another sharp leg down.

themarketzone

⋅ 28 de Jul de 2015 10:52

Thanks

Krasen

⋅ 28 de Jul de 2015 10:34

In my opinion the support will hold...

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