0 0
Read Time:30 Second


In the chart of the German Index, we can see that investors have already made 4 attempts to break the marked level. I have marked this place in the painting, and each subsequent attempt will make the level weaker and weaker. In this case, there may be a situation where the breakout occurs quickly without a correction. The more attempts to break the level, the stronger the break may be, and it is worth considering entering and possibly quickly securing your position. The possible range that I showed in the picture results from the recent corrections, commonly known as OverBalance.

Leave a Reply

Your email address will not be published. Required fields are marked *