DAX - short term correction currently very Overbought!

2024年12月12日

Hi guys, we are following up with our next opportunity DAX :

Currently it has been perfoming fantastic as being part of the biggest Economy in Europe, and it reached a glorious All time High, following up with the western Indices , SP500,NASDAQ100 and Dow Jones. Currently the price has reached a very overbought level based on the RSI check on 1H time frame and 4H time frame, so for the time being I am looking into a short term correction with a follow up to maybe break down the current all time high and get passed it.

Entry : 20,400
Target : 19,916

Let's see how things are going to formulate and move from there.

As always my friends happy trading!

P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!

2024年12月20日

交易結束：目標達成

Trade has been close Take profit has been reached , congratulations to everyone who participated, I personally got in with 10 contracts which netted me a total profit of 4987.11€!!