Technician

Trading Journey - Trade #4: Short German DAX

Short
Technician Updated   
OANDA:DE30EUR   Germany 30
Shorted German DAX CFD at 11638
TP 11065
S.L 11870
Risk/Reward: 2.47
Risk of capital for trade: 1.5%
Accumulated profit before trade: 2.232%

  • Major potential resistance (prior broken neckline for a weekly head and shoulders top)
  • 200 Days simple moving average
  • Bearish divergence on Momentum Indicators
Trade closed manually:
I closed the trade manually at breakeven. I will wait for a new confirmation.
Comment:
Return = 0.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.