DAX IndexShort
Short DAX on multi timeframe momentum divergence
1. Momentum divergence on 1H, 15min & 5 min charts
while RSI overbought.
2. Unhit weekly pivot below the price.
3. Trade short at current levels towards weekly pivot with stop above the highs.
Target: 11120
SL: 11240
while RSI overbought.
2. Unhit weekly pivot below the price.
3. Trade short at current levels towards weekly pivot with stop above the highs.
Target: 11120
SL: 11240
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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.
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.