DAX in a Descending Triangle pattern (TRADEBIRD)

٦ ديسمبر ٢٠١٧

Dax is following the pattern of a Descending triangle, the high's are getting lower with each wave, I expect a breakdown to 12600 soon like the arrow in my chart is showing.

Safe Trading!

٦ ديسمبر ٢٠١٧

ملاحظة

It is stated that Descending triangles breakout to the downside 64% of the time

٨ ديسمبر ٢٠١٧

ملاحظة

Descending triangle Failed, DAX is still at the top of its channel near the resistance on the 1W chart so I still am bearish, I'll try my best to find a new bearish pattern at the higher levels.