DAX update - big pic by ew-and-patterns

View this thread on steempeak.com
· @ew-and-patterns ·
$17.23
DAX update - big pic
## We have an active short pattern in the DAX, which is why we are not seeing big moves right now, but this pattern will be invalid above 12700. I don't think it will be triggered by a decisive break out to the downside. 
## Bulls and bears are fighting hard right now. The reason why I think it will NOT be triggered is the DAX big pic. It hints at a new alltime-high in the coming months.
![chart-30042018-1245-DAX.png](https://steemitimages.com/DQmSVmZ4UJWpqxzb8c3FPRZh6o2raNPz3dRqws2ArDqvmu9/chart-30042018-1245-DAX.png)
## I added the two major support levels (green and red) which are very important. They are trigger zones. In between those two, there is no mans land where a decisive move is not very probable... 

## Here is the bearish 5-0 pattern again, which will only be relevant again, if we see a big drop within a short period of time. (invalid above 12700)
![.DE30CashDailys.png](https://steemitimages.com/DQmf6jFPiRAH5fm6q3b15XMPuBmuL6a4ShaTz3eoj9SsntR/.DE30CashDailys.png)


![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
If you think this to be useful information:
![DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif](https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif)
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
MUST READ!
DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is completely in your own responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept to never hold me accountable for any of your losses.


Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)



![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
#crypto #cryptocurrency #steem #sbd #bitcoin #btc #bch  #eos #ethereum #eth #litecoin #ltc #ripple #xrp #stellar #xlm #nano #cardano #ada #vechain #digibyte #dgb #binance #tron #trx #iota #neo #xmr #dash #omg #verge #xvg #bitshares #bts #finance #money #investing
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
properties (23)
post_id46,173,686
authorew-and-patterns
permlinkdax-update-big-pic
categorydax
json_metadata"{"app": "steemit/0.1", "format": "markdown", "image": ["https://steemitimages.com/DQmSVmZ4UJWpqxzb8c3FPRZh6o2raNPz3dRqws2ArDqvmu9/chart-30042018-1245-DAX.png"], "users": ["ew-and-patterns"], "tags": ["dax", "blog", "money", "life", "trading"]}"
created2018-04-30 11:09:18
last_update2018-04-30 11:09:18
depth0
children1
net_rshares2,791,764,058,513
last_payout2018-05-07 11:09:18
cashout_time1969-12-31 23:59:59
total_payout_value16.972 SBD
curator_payout_value0.255 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length3,189
author_reputation113,066,339,794,964
root_title"DAX update - big pic"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (30)
@orges1 ·
Thanks ,  I appreciate it ❤ @ew-and-patterns
properties (22)
post_id46,173,765
authororges1
permlinkre-ew-and-patterns-dax-update-big-pic-20180430t110937928z
categorydax
json_metadata"{"app": "steemit/0.1", "users": ["ew-and-patterns"], "tags": ["dax"]}"
created2018-04-30 11:09:54
last_update2018-04-30 11:09:54
depth1
children0
net_rshares0
last_payout2018-05-07 11:09:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length44
author_reputation366,812,768,239
root_title"DAX update - big pic"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000