donaitelo

Dax30 - Watch out for those 2 main points!

OANDA:DE30EUR   Germany 30
Hey everyone, we are currently moving in a downtrending channel on the bigger timeframe, but on the smaller timefram we are in triangle, which usually means that the trend is going to continue downwards. We have to look out for the 2 pink circles and make our move from there, the market is really uncertain, so going right now without indication is a complete gamble. The economic and health situation in Europe and around the world is getting worse, so this recovery that we saw on 13th of Friday was just because we had fallen way too much for such a short period of time, so we could potentially continue to recover a bit on Monday and then for the rest of the week continue falling. My advice is just watch out for those 2 pink circles to make your trades. Follow and like the idea for more!
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