It looks like 3rd peak is in the making, bulls will attempt to gain advantage and create momentum based on 60 minute chart's histogram pattern ImO, still long right now. Getting more & more interesting, I think 2 hour chart can very well turn out to be the trigger point for a re-test of current lows on daily chart, what happens afterwards is anybody's guess, 50/50 ImO.
Short DAX at 7740
- Thread starter ASusilovic
- Start date
It looks like 3rd peak is in the making, bulls will attempt to gain advantage and create momentum based on 60 minute chart's histogram pattern ImO, still long right now. Getting more & more interesting, I think 2 hour chart can very well turn out to be the trigger point for a re-test of current lows on daily chart, what happens afterwards is anybody's guess, 50/50 ImO.
1 min chart suggests that another upward thrust is possible towards the pivot, if it does it will create a 3rd peak on 1 min's histogram, so I would reverse and go short there.
Actually it started having a go at lower trend line as I was typing, still long 3rd lot.
But histogram is closing higher, so 3rd lower peak above centreline is still a possibility. Let's see.
3rd -1
no 3rd peak
3rd peak, not best...short 1 lot
-3.5
Short 3
Actually it started having a go at lower trend line as I was typing, still long 3rd lot.
But histogram is closing higher, so 3rd lower peak above centreline is still a possibility. Let's see.
3rd -1
no 3rd peak
3rd peak, not best...short 1 lot
-3.5
Short 3
Think, we may see range 7813-7872 today...
Long FDAX 7813.00...