DAX // Possible start of the Countertrend
The daily trend still holds at all-time highs and beyond every measurable target, but H4 has already turned south.
The last clear breakout is on H1 at the countertrend line break, and the market crossed it by a couple of pips.
Not significant, but still a close below the trigger level.
The position should be closely watched at the daily impulse base.
Either to close the trade, or to add to it.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present.🏄🏼♂️
Your comments and support are appreciated! 👊🏼
The last clear breakout is on H1 at the countertrend line break, and the market crossed it by a couple of pips.
Not significant, but still a close below the trigger level.
The position should be closely watched at the daily impulse base.
Either to close the trade, or to add to it.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present.🏄🏼♂️
Your comments and support are appreciated! 👊🏼
Nota
Trigger on M15.
Nota
The targets are not valid at the moment.
Because now the market gives us another countertrend after reaching the H1 target zone.
If this H1 long countertrend is turning below the H4 impulse base, the market is ready to visit the correction fibo 23.6 level.
But remember - the daily impulse base shows still long, so this market phase is tricky!
Trade fechado: objetivo atingido
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Day trader capitalizing on the expansion phases of emerging trends.
MORE CHARTS & FREE EDUCATION // coming soon
SUBSCRIBE 🚀 themarketflow.trading
MORE CHARTS & FREE EDUCATION // coming soon
SUBSCRIBE 🚀 themarketflow.trading
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.