DAX 3O In 1Hour chart we see a symmetrical triangle and the 12000 line which gives more possibilities for the price to break down the triangle when it acts as resistance and vice versa for acting as support.
In Daily We see the basic trendline and with the help of RSI, it is clear that the chances for a correction are growing. The trigger for the Daily move will come of course from the hourly triangle break.
MIB40 In 1hour chart we have a basic trendline with an upper boundary. We want the basic TL to break , because in Daily the situation indicates that momentum for up is weakening. Possible correction coming.
In Daily We see the basic trendline and with the help of RSI, it is clear that the chances for a correction are growing. The trigger for the Daily move will come of course from the hourly triangle break.
MIB40 In 1hour chart we have a basic trendline with an upper boundary. We want the basic TL to break , because in Daily the situation indicates that momentum for up is weakening. Possible correction coming.
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