DAX: Strong Bullish scenario for this week!
After closing last week with a doji on weekly basis, market shown that bulls and bears were balanced.
Analysis of last week is still valid. But for me the bullish scenario has become more favorable (still keeping in mind that market may break out to the south). One more good thing. Due to the 2 doji candles on weekly basis, the break out of the triangle may occur with an incredible momentum!
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
Analysis of last week is still valid. But for me the bullish scenario has become more favorable (still keeping in mind that market may break out to the south). One more good thing. Due to the 2 doji candles on weekly basis, the break out of the triangle may occur with an incredible momentum!
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
