A buy program has initiated from 12580. After the buy program, the market maker run the stops above today's high before topping out.
From this hourly chart, we can see that dax has taken out a swing level at 12631. The next big one is at 12650. I think the market maker would like to reach the stop orders behind that swing level before auction the price down.
A buy program has initiated from 12580. After the buy program, the market maker run the stops above today's high before topping out.
From this hourly chart, we can see that dax has taken out a swing level at 12631. The next big one is at 12650. I think the market maker would like to reach the stop orders behind that swing level before auction the price down.
A buy program has initiated from 12580. After the buy program, the market maker run the stops above today's high before topping out.
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