Hello everyone,
today I would like to point out this situation on
FDAX1!
and the fact that we are breaking the triple top from previous weeks. We could see on the chart that buyers were trying to push the price higher and eventually they did. The next resistance I can see is around 11 876 EUR so we have some space for uptrend in following days.
The most important information would be today's close price. US session is about to start, so we will see what it is going to do with DAX but in general if the price stays above 11 250 EUR, we can look for some nice longs. ;-)
Good trading, guys!
John
FINEIGHT Team
today I would like to point out this situation on
FDAX1!
and the fact that we are breaking the triple top from previous weeks. We could see on the chart that buyers were trying to push the price higher and eventually they did. The next resistance I can see is around 11 876 EUR so we have some space for uptrend in following days. The most important information would be today's close price. US session is about to start, so we will see what it is going to do with DAX but in general if the price stays above 11 250 EUR, we can look for some nice longs. ;-)
Good trading, guys!
John
FINEIGHT Team