MichiBTC2021

Reversal DAX Future: Resistance zone and Spread

Short
MichiBTC2021 Updated   
EUREX:FDAX1!   DAX Futures
The Dax Future is approaching a strong resistance area, which starts around 14600. Additionally, the spread between the next Future ahead and the overnext Future ahead ist strongly bearish. A reversal is expected. Additionally, the RSI is overbought.
A target price would be 14000.
The resistance area is passed above 14700 points and then a situation gets invalid
Thus a P/L ratio of 1:5 would be possible.

Next resistance will be already above at around 14900/15000.

This isn't any financel advice.
Trade closed: target reached:
The trade was triggered, SL at 14700 not touched. Price target achieded at 14000.
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