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Technician
Mar 20, 2019 8:13 PM

Trading Journey - Trade #4: Short German DAX Short

Germany 30OANDA

Description

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.
Comments
DLavrov
bearish divergence - I like such trades!
Good luck with it)
Technician
@DLavrov, Thanks, mate. Always good to see your comments.
TanveerAlam
is it still valid, as weekly candle is a "marubozo". pls update, thanks.
TheDudeForex
wow wtf happened?
Technician
@TheDudeForex, whats wrong?
TheDudeForex
@Technician, nothing anymore, there was a glich in some OANDA charts but they fixed it:
TanveerAlam
nice one
acry
looks good, thx
Technician
@acry, welcome
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