The 5%ers' Blog

Quasimodo Level For Swing Sell Position On The DAX Index 08/02/2019

February 8, 2019 | 1:02 pm | The 5%ers' Blog
February 8, 2019 | 1:02 pm
The 5%ers' Blog

As we can see in the attached picture, the DAX index drop down from the last high and create a lower low in one movement, that drop created a new fresh supply above which is the Quasimodo level, I’ll wait for the price to return back that supply and I’ll sell there, my target for this swing position will be the demand below.

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