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Warunki handlowe
Narzędzia
Black lines- bearish divergence
Blue line- key support level
Despite making new higher highs two days ago, price action implies that the up trend is vulnerable and soon we may get a reversal signal. Not only did price for a bearish candlestick with a long upper tail, the RSI did not follow to new highs and provided another bearish divergence. Support at 14,160-14,170 is very important. A break below this level would confirm the change in the short-term trend from bullish to bearish. The RSI is turning lower from overbought levels and did not follow price to new highs. We re neutral DAX if not bearish.
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