(29 AUGUST 2019)DAX Consolidation in place.

(29 AUGUST 2019)DAX Consolidation in place.

29 August 2019, 09:05
Jiming Huang
0
53

  sa
Pivot
 (invalidation): 11710.00
Our preference
Short positions below 11710.00 with targets at 11585.00 & 11555.00 in extension.
Alternative scenario
Above 11710.00 look for further upside with 11780.00 & 11820.00 as targets.
Comment
As Long as 11710.00 is resistance, look for choppy price action with a bearish bias

(By Swissquote TRADING CENTRAL)

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