The 5%ers' Blog

Supply and Demand Which Also A Gap Level In DAX Index

April 1, 2019 | 1:18 pm | The 5%ers' Blog
April 1, 2019 | 1:18 pm
The 5%ers' Blog

Monday  01/04/2019

A gap in the price can indicate sometimes on supply or demand levels.

Usually, the price tends to close gaps.

For the long term, the DAX index seems to be in bearish momentum.

Both levels, the supply above and the demand below start with a gap, and both are great levels to look for position.

I’ll sell at the supply and I’ll buy the demand,

that’s the meaning of sell high and buy low,

my target for the buy position will be the supply above, and the target for the sell position will be 11040.00 zones.

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