German DAX 30 building C-D leg (short!)
Updated
Hi guys,
I entered a short position lately on DAX 30 again. I see the actual range moving below the range a few days ago and test it again and again. The retracements fit to the candle-stick pattern and together with the latest news about corona I see the next leg coming down.
After that it depends if next target will be 11800 or at point C a trend expansion to 13000.
Happy trading and a wonderful week (and don't forget your strict risk management)! :)
I entered a short position lately on DAX 30 again. I see the actual range moving below the range a few days ago and test it again and again. The retracements fit to the candle-stick pattern and together with the latest news about corona I see the next leg coming down.
After that it depends if next target will be 11800 or at point C a trend expansion to 13000.
Happy trading and a wonderful week (and don't forget your strict risk management)! :)
Trade active
Point C moved to the theoratical right area. (was unpatient when enering forst position :))This morning I opened another SELL position close to the new C area (prnt.sc/uty9nt) and moved to break even.
Lets see how it works the next hours.
Happy tradin!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.