DAX MOVING TOWARD RESISTENCE
Publish Date : 2019/09/11 - 10:20

DAX MOVING TOWARD RESISTENCE


Dax has been rising during the last six sessions.
August 1st gap was filled completely yesterday which put the resistence area on the radar.

we will have ECB tomorrow,and we may face a fall.

If this will be the case,we can put sell-scenario into consideration.

There is a resistence area near 12435 and a trendline near 12500.

We can expect a pullback,otherwise the formation of right shoulder of the HSH pattern.

It remains to be seen.

Source:dailyfx

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