Chimbarosa

Potential Short DAX

Short
Chimbarosa Updated   
OANDA:DE30EUR   Germany 30
Guys, another SHORT opportunity have just emerged…

DAX stays below EMA 50/ EMA 200. In Addition we just moved below the daily Pivot Point and we are currently protected by the FIB retracements of the last Impulse.

Time will tell if we are really going to retest the Feb. 2018 low, nevertheless I like this set-up.

This is not an advise this is just my personal opinion.

Ride safe guys!
Trade active
Comment:
Sorry guys. A correction: I wrote the we have moved below the daily Pivot Point. Correct is below the 4H Pivot Point. The daily Pivot Point is around 180 and serves currently as a support for the DAX.
Comment:
TP 1 was hit on Friday and more important, we managed to close below the 180. Let´s see if we see today or tomorrow the 016. Nevertheless take some profit and move SL to BE.

Ride safe guys!
Comment:
TP2 hit: Actually I sold the second position 14 pips earlier… Nevertheless still a good profit of 230 pips.
Comment:
The adjusted TP3 is slightly above 870.
Trade closed: target reached:
Prepare to pull the button - let it run until the pullback and then push the sell button… 350 pips
Comment:
& perfect hit. I closed already yesterday 30 pips above….
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