Stocks Indices trading analysis and signals for DAX, CAC40, NIKKEI, NASDAQ, RUSSEL
DAX
DAX has broken below the rising wedge as it can be seen on a weekly and daily chart and is testing the gap down resistance 11500 at the moment for a complete downside extension. So we need to see a confirmed break below this level for a good profitable short trade entry. This kind of breakouts needs patience because we could have a swing higher pullback.
CAC40
CAC40 has made a congestion wedge breakout to the downside below 4700 and we are seeing a retest of this level at the moment so Already a member?
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