Hi guys !
This is an analysis on DAX . There is a beautiful bullish divergence with RSI and a double bottom . DAX 0.49% bounced on his strong support around 11 045-50 to complete this double bottom .
Next week should be a correction with a upward retracement. I'm using Fibonacci level, and the price is currently staying on 78.6% of Fibonacci retracement , the daily support.
Thanks to everyone !
This is an analysis on DAX . There is a beautiful bullish divergence with RSI and a double bottom . DAX 0.49% bounced on his strong support around 11 045-50 to complete this double bottom .
Next week should be a correction with a upward retracement. I'm using Fibonacci level, and the price is currently staying on 78.6% of Fibonacci retracement , the daily support.
Thanks to everyone !
