Hey everyone
Was wrong on my previous idea about DAX and was stopped out however I re-entered a short position on Friday and I am expecting the price to retest at lest the previous lows by Christmas.
Confirmation would be a deviation and a close below MID- LEVEL
Entry Price 14300 with a stop loss about 2% higher which make it a 6R trade if we place our target at the most recent lows.
Thanks
Was wrong on my previous idea about DAX and was stopped out however I re-entered a short position on Friday and I am expecting the price to retest at lest the previous lows by Christmas.
Confirmation would be a deviation and a close below MID- LEVEL
Entry Price 14300 with a stop loss about 2% higher which make it a 6R trade if we place our target at the most recent lows.
Thanks
Comment:
We have reached the strong Monthly level and rejected there, I lowered my stop loss from 14600 tot 14500 an rijding it to new lows