DAX short trade in response to growing risk aversion

11 Eki 2021

Setup as follows:
DAX short on a daily close below 14.800
Stop level (as of now): 15.300

21 Şub 2022

İşlem aktif

Here we are. trade activated after 6 months of waiting - in this long period a classical SHS formation unfolded.
Short entry with today's close. You may also leave a portion for a stop stell entry below this day's low (14.614).

Stop loss: 15550
Target: height target of the SHS-formation: 16.300 - 14.800 = 1.500 pts
=> Target: 14.800 - 1.500 = 13.300 pts

9 Mar 2022

İşlem kapandı: hedefe ulaştı

Closed for a gain of ~ 3 R.