Greater bull trap @DAX30 incoming?
Filter
Based on the RSI, some weeks ago @10.000 area was overbought, today we are again at overbought area but with 1000Points less @9000!
Trigger
- Trigger is simply the trend continuation, which you can see above in dark red and dark green, the lines btw surely have some tolerance.
- small double top building up
This is not an trading advice just my personal opinion
Based on the RSI, some weeks ago @10.000 area was overbought, today we are again at overbought area but with 1000Points less @9000!
Trigger
- Trigger is simply the trend continuation, which you can see above in dark red and dark green, the lines btw surely have some tolerance.
- small double top building up
This is not an trading advice just my personal opinion