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Fidan
7 juin 2017 07:19

DAX intraday view Long

DAX index of German listed sharesFXCM

Description

DAX potencial Bullish Bat
Continue to move on the goals of Pattern Bullish Bat.
DAX wants to kiss EMA600, and maybe rebound.
Possible scenario on the chart.
Targets on the chart.
TP1 - 12720
TP2 - 12774
TP3 - 13002
Perhaps we can see an extension of D.
I will comment on the idea.
High risk trade!

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TP1 reached

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TP2 reached

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We have Bullish Dragon Pattern.
Continue to move on our Great Goal ( Red flag).
Targets on the chart.

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Excellent!
TP2 - reached

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Continue to move on our Great Goal!

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Day view

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Intraday view for DAX.
Possible scenarioon the chart.
Targets on the chart.
Alternative scenario - maybe dax wants to kiss the EMA600 (red dotted line).
Let`s see.

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We saw an elongation of the D point.

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Target reached

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Possible scenario?
Let`s see.

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Attention - elongation D maybe - 12876

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Now wee see elongation D

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Now the The Bearish butterfly pattern is broken.
The Bullish dragon is active and continues to work.
Let`s see.
Need correction.
Maybe fake..?

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DAX go to kiss EMA200.
Very good.

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i closed half my shorts
maybe next target 12620 - ?

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Maybe another Bullish Dragon?
Let`s see.
Alternative scenario on the chart - DAX goes to kiss EMA600.

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Attention 12807 for buy zone
and 12702-12720 for sell zone

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Pattern Bullish Dragon broken. C-leg bad elongation.

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Attention - update!

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We are waiting for an exit from the range zone.
Have a good trading week, traders!

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TP1 reached
Attention, maybe rebound!

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Now I have this view of DAX.
Soon I will publish an update of my idea.

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Rick_69ro
High volatility in the market. Risky indeed. But you got the Dax moves very accurate Fidan. Excellent analysis!
Fidan
@Rick_69ro, Dax is a high risk trading instrument. Because of the big volatility everyday.
But...very interesting to analyze.;-)
Trindyuk
Looks like it's time to sell?
Fidan
@Trindyuk, Attention to D-leg point.
Maybe go to kisses EMA600.
Rick_69ro
You are the best Fidan! Thank you
Trindyuk
Tak kruto chto prosto ne veritsya :)
Trindyuk
Excellent!!!
Trindyuk
Do we have another opportunity for long (for those who closed their longs at 12900)?
Fidan
@Trindyuk, Maybe. Let`s see. Look my update.;-)
Trindyuk
Dear Fidan,

thanks for You excellent forecast.

Do You think it will go to 13054 from this point (12890) without deep pullback?
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