Position Trade on DAX - SHORT

We have reached the upward level of the channel , clear bearish candle of today is the start of a downtrend

İşlem aktif

Bulls do not give up easy.
Still maintaining bearish position as 12500 is not breached.
Rsi showing clear signal of weakens

Not

12500 is a critical level and if we stay below it look for targets at bottom of the channel , it might take time but remember this is a weekly channel .

Not

12500 is broken and we are looking now at 12300 as strong support area , if broken 12000 will be the target for this analysis

Not

Still 12000 level is holding and we are in the middle of bull-bear fight claiming upper hand

Not

Target one achieved , you may ride to previous bottom 11500

Not

Approaching end of tunnel , watch out for price action around 12000

Not

All Shorts exit

omamdouh

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

omamdouh