If price drops below the supporting neckline (98.78 EUR), I will go short when reversal is more clear. Be aware Bayer has performing strong over the last day, so trend continuation is a possible scenario. Check price action and market sentiment on Wednesday before you got short to avoid positive slippage.
Comment:
Now in the late trading hours time has come to go short. Unfortunately I have no access on data for EUWAX DAX to show you. See the next candle of the regular market.
Comment:
Post-market price didn't repeat today. Still waiting for short signal (breaking the neckline) to trade short. Seems that there is no longer weakness in Bayer, which made it very easy to go short some months ago.
Trade closed manually:
No short position for entry. Bayer is performing well (followed the long position).
