{"id":120626,"date":"2018-01-30T09:58:09","date_gmt":"2018-01-30T14:58:09","guid":{"rendered":"http:\/\/countingpips.com\/?p=120626"},"modified":"2018-06-01T15:43:47","modified_gmt":"2018-06-01T15:43:47","slug":"dax30-bullish-railway-track-pattern-at-support","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/01\/dax30-bullish-railway-track-pattern-at-support\/","title":{"rendered":"DAX30 Bullish Railway Track Pattern at Support"},"content":{"rendered":"
January 30, 2018<\/div>
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By Admiral Markets<\/b><\/p>\n

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Source: Admiral Markets MT5<\/a><\/p>\n

The DAX30 has formed bearish head and shoulders pattern, but the price failed to break away. Precisely at W L4 support the price rejected and built the bullish railway track pattern making the Head and Shoulders possibly a fake one. If the price breaks 13318 to the upside, we might see 13422 and 13492. However, if the price continues below the W L4 and the trend line at 13133 we could see a drop to W L5 -13002.<\/p>\n

W H1 -. Weekly Camarilla Pivot (Interim resistance – Weak)<\/p>\n

W H2 – Weekly Camarilla Pivot (Weekly resistance)<\/p>\n

W H3 – Weekly Camarilla Pivot (Weekly resistance – main)<\/p>

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W H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)<\/p>\n

W L4 – Weekly Camarilla Pivot (Interim support – Strong)<\/p>\n

W L3 \u2013 Weekly Camarilla Pivot (Interim support – Main)<\/p>\n

W L2 \u2013 Weekly Camarilla Pivot (Interim support)<\/p>\n

W L1 – Weekly Camarilla Pivot (Interim support – Weak)<\/p>\n

POC – Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n

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\"DAX30<\/a><\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: DAX30 Bullish Railway Track Pattern at Support<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets Source: Admiral Markets MT5 The DAX30 has formed bearish head and shoulders pattern, but the price failed to break away. Precisely at W L4 support the price rejected and built the bullish railway track pattern making the Head and Shoulders possibly a fake one. If the price breaks 13318 to the upside, […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-120626","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/120626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=120626"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/120626\/revisions"}],"predecessor-version":[{"id":120631,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/120626\/revisions\/120631"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=120626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=120626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=120626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}