DAX, Price Action

15 min chart:

By Claus Andersen

28. January 2019

Price is in a potential trending trading range context. Trade the ranges of support and resistance. BO will often fail and traps will fail to. Trade carefully and stick to your risk management.

New support and resistance levels. I will especially be looking at the area at and around 11150, as that was the high of the prior range.

In my last video(https://www.youtube.com/watch?v=zRgGtn0edbc) I talk about a double top and bottom setup. How I trade it and manage it. It is a short flyby but always useful to read up on classic patterns.

Have a nice trading week.

Claus Andersen

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