Fib.The.Gentleman
Short

#Project trade like a pro - Short Ideas IF Price comes up again

INDEX:DAX   DAX Stock Index
Hey Guys,

DAX             always offers some nice zones around numbers. See the marked zones.
At the moment with all the fear about Brexit and more and more countrys leaving the EU its a mindgame
for all people investing. Very fragile structure at the moment.

Brexit gave a huge down gap which was bought immediately.
Were making lower Highs... and lower Lows.

Fib Extension Confluence tells us even lower targets.

55 MA Cloud moving under 233 MA Cloud
At the moment 55 MA Cloud is near 233 And could move right in 255 MA with some Bullish pressure.
THIS would trigger a Sell Signal.

So watch on lower timeframes - IF we rally UP - Sell the Daily MA Clouds
And Check lower Timeframes for more confluence and Entry Points:

Thanks :)

PS: Sorry for the Gaps in the Chart, i only got PRO ;)
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