DAX H4: BEST Level to SHORT IT +1000/+1500 points(SL/TP)(NEW)

Feb 22, 2021

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DAX H4: BEST Level to SHORT IT +1000/+1500 points(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: DAX 4hour/candle chart review
::: bearish fractal in progress now
::: setup still valid as of today
::: XABCD short from current level
::: upside limited from here
::: point D is 12 900 points
::: HOWEVER heavy resistance overhead
::: 14 000 heavy resistance
::: get ready to SHORT rips / from overhead
::: BEARS will take over soon
::: lower risk setup is SHORT
::: get ready to SHORT or short at market
::: BEARS will target point D/PRZ at 12 900
::: TP BEARS TP1 +1000 points TP2 +1500 points
::: SHORT/HOLD setup with great risk:reward
::: BEARS TP FINAL is 12 900
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 12 800 fresh demand zone
::: 14 000 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS

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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.