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Kevin_Tchoulfyan

Timing opportunity on DAX to short Head And Shoulders Pattern -

Long
DAX Index (XETR:DAX)  
Kevin_Tchoulfyan Updated   
XETR:DAX   DAX Index
Support and Resistance Trend Lines Head and Shoulders DAX Index shspattern short
5
2
supportandresistance trendline headandshoulders dax shspattern short
DAX is today in contact with its bearish trendline.
As DAX is forming since several a Head and Shoulders pattern, today DAX value could be consider as a good timing opportunity to short the DAX.
Stop: 12 600
Target: ~ 10 000
Comment:
In the today bearish market, if we compare the DAX and CAC40, we clearly see the bearish trend on the DAX. This position still stays open and we are, at this moment, going in the good direction
Trade active:
This trade stays active and DAX is more and more bearish. Stop can be moved to the entry price (Around 12 400)
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