DAX Is A Great Short Candidate
The chart is showing that the 10 day MA is likely to cross the 100 day MA, a scenario which most likely will make the DAX break the 100 day MA and continue further down towards the 200 day MA. Short! SL is marked by the red line, TP by the green one.
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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.