DislikedHi doggette, Excellent analysis, I do too use H4 to to open position and it indicates bullish on DAX at least today and SL always comes handy, however, the long term trend would be bearish on D1 and W1 @TP:9525.Ignored
As for DAX long-term being bearish - you've got to be kidding, right?
With ECB preparing QE and DAX basically making all time highs about two days ago I really can't see any long-term trend being bearish.
Although maybe I should ask - what time frame do you consider long-term trend? One week? One month? 3 months? 6 months?
If you're talking about weekly as a long term trend - I would agree that a pull-back is definitely on the cards with your targets aligning with the first available demand on Weekly and Daily charts. But really, longer term as in 3-6 months, I'm expecting it to continue higher.