DAX Short Opportunity -- SMC concepts used

Jul 4, 2021

The most recent impulsive move down with a couple of breaks of structure provide a solid opportunity to short DAX at the next mitigation of up before the down move. While this is a beautiful opportunity to short, I wouldn't hold on long to any shorts. The opportunity to take profits would be at the next major demand zone shaded in purple. Based on the DAX's HTF structure, it's a bullish beast.

This is my first public post. Let me know if you find this useful, helpful, or have any questions. I am a Supply/Demand trader that utilizes SMC. Enjoy!