Renkotrade
Short

DAX SHORT 1 HR Chart

TVC:DEU30   DAX Index
Hello to all watching my charts

Today we have a nice situation to show you the
different timeframes of trading in my channelsystem

The longtime channel (blue lines) is still long (angle +)
but the shorttime channel as shwon is in a short situation.

So if you trade in the timeframe of 60 Minutes/1 HR or 120 Minutes /2HR
you should be in a short position.

If you trade in much longer timeframes , like 1D you could be still long.

But i think you must check than:

A Break of the lower blue trendline is a short signal not only in the shorttime
also in the longtime system. !!

Good trades

If you want to support my work and my charts. please like them...

Renkotrade
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