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bearish momentum dax 17-9

Opportunity For Long Term Sell Position On The DAX index 17/09/2018

As we can see on daily and weekly charts, the DAX index is bearish at the long terms.

For the long terms, I believe the DAX is on his way to reach 10.840 zones, that because it is the next Fresh demand that can stop this bearish momentum. The supply levels above are a great continuation Levels, I’ll sell at the first one if the price will reach that supply, and if the price will break out the first One, I’ll sell again at the one at the top. in both cases, the target will be 10.840 zones.

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