Dax, like the other indexes is at a decisive point right now.
If we really are in this ending Diagonal, we should see price drop sharply very soon.
On this setup, same as my post on the S&P, the R/R ratio totally makes up for the low probability of this trade.
Similar to this setup :
An exemple of how this can play out,
Notice the similarity of this setup to WTI in August !
If we really are in this ending Diagonal, we should see price drop sharply very soon.
On this setup, same as my post on the S&P, the R/R ratio totally makes up for the low probability of this trade.
Similar to this setup :
An exemple of how this can play out,
Notice the similarity of this setup to WTI in August !
Note
DAX - doesn't seem to want to go down ... I think it's best to close the whole position but I'm going to do only half and let stop to break-even for the rest.
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Thanks !
Questions? Chat or Comment on Ideas
Thanks !
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.
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Thanks !
Questions? Chat or Comment on Ideas
Thanks !
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.