Dax Price Action – Approaching Key Support Zone | Apr 13

DAX – Starting To Pullback Into Key Support Zone (4hr chart)
After breaking out higher from the 12.100 level we talked about in our member commentaries, the German index surged almost 300 pips. Today the index pulled back a bit and is heading towards our key support zone.

I’m looking to get long in this zone wanting to trade with the trend. Upside I’ll look towards the yearly highs to get re-tagged, along with an attack on 12.500.

Only a daily close below this key support zone negates my bullish bias.

dax

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Buddhist, Trader and Philanthropist

I'm Chris Capre, Founder of 2ndSkiesForex. I help traders of all levels change the way they think, trade and perform. As a professional trader, I specialize in trading price action. As a teacher, my passion lies in showing you how to re-wire your brain for successful trading. Want to improve your edge right now? Visit my Price Action Course page.

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  • kepo

    what going on with EU?? didn’t get updates on EU since 8 april..

    • Chris Capre

      Hello Kepo,

      This kind of access to me is available only to members, which you are welcome to join.

      Kind Regards,
      Chris Capre