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PJMAJD
Nov 13, 2022 6:33 PM

DAX INDEX AT HUGE LEVEL  Short

DAX IndexXETR

Description

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

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
Comments
JoeChampion
Great insight!
PJMAJD
@JoeChampion, Thanks chief
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