FYI for anyone interested in the DAX: Tonight's chart is textbook behaviour on the 1 minute chart. But it's boring sitting there waiting for it.
1. A little green candle above the recent candles, followed by a 20 point candle based on triggered stops or people piling in.
2. Starts returning to where it started after 1 to 3 candles.
3. Candles staying under the EMA or just wicks shooting above then falling below, followed by a breakdown candle.
4. Pin after 1 to 3 candles for a 50% retrace.
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FYI for anyone interested in the DAX: Tonight's chart is...
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