XETR: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
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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
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This trade stays active and DAX is more and more bearish. Stop can be moved to the entry price (Around 12 400)