Neutral zone on the DAX

30 set 2022

Hi Everyone!✋🏽

Price has reached the daily target fibo 138.2 where the sellers backed off, but there are not enough buyers coming in so far to make it swing to the correction. The zone between the green long and the red short trigger zone marks an area where price can bounce back and forth. I wouldn't trade until the price breaks out of this range.

ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT!

Trade safe! ⚪️⚫️

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Thanks for reading my analysis!🤘🏽

Remember that trading is a risky business.
SIZE your TRADES according to your risk aversion!

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4 ott 2022

Trade attivo

Short trade never activated, but we're in long mode now in countertrend mode.

4 ott 2022

Trade chiuso: obiettivo raggiunto

1st target reached.

9 ott 2022

Trade chiuso: obiettivo raggiunto

2nd target reached on 06 October