Trade Ideas: Gold x Dax (Ger30/40)
GOLD
First, short term buying opportunity to retest trendlines and f.level.
Then, if price rejects around these areas / levels (^mentioned above), look for selling opportunities. Extra confirmation = break of current buying structure (black trendline)
DAX
If rejection of green zone occurs, look out for buying opportunities to complete current fib structure and retest (htf) trendlines.
First, short term buying opportunity to retest trendlines and f.level.
Then, if price rejects around these areas / levels (^mentioned above), look for selling opportunities. Extra confirmation = break of current buying structure (black trendline)
DAX
If rejection of green zone occurs, look out for buying opportunities to complete current fib structure and retest (htf) trendlines.
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