(4h) The Dax Bearish Bat @10400$

GER30

Waiting for RSI Bearish Divergence;
With a validated double bottom at previous support by a broken neck, the price is facing some pressure at the middle of the ascending channel. Weekly resistance above, price reversal zone at 88%, the Bat is almost completed.
Targets:
The 38% retracement, and once there, close half position size and move Stops to breakeven.
The 618% retracement, it could forge the 2618 bullish trade setup.

Safe Trades;

Yorum:

Test next pressure zone, 9770$...