#Fintwit #DAX #DE30Cash #MarketProfile #Orderflow #TradingPlan
This is my weekly outlook on DAX. The levels that I will be looking at with a higher probabilistic chance the market will start reacting. During the session I then wait for the market to hit those levels and either confirm or reject my bias through price action confirmation and order flow. I hope that makes sense. If not, get in touch with me.
Monthly — Bullish
- Price closed higher within MN-C‑S 15242.59 and MN QHi leaving a long buying wick
- Long buying wick tested MN-C‑D 14578.05 BASE HiCD
Weekly — Bullish
- W1 Phase 3 at W1 QHi with no follow-through, instead a W1 Three Outside Up giving W1-C‑D 15024.89 Momentum closing above previous structure high
Daily — Neutral
- Price trading within D1-C‑S 15532.06
- A little D1 DBD at D1 UKC closing slightly below D1 Supply
Sentiment summary — Bullish
Additional notes
- N.A.
Focus Points for trading development
- Monthly Goals
- Use SL scaling
- 1st DTTZ Gold
- 2nd DTTZ DAX