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SWINGPROFESSOR
Feb 14, 2019 3:26 PM

1 H Bear Flag DEU30 Short! Short

GERMAN STOCK INDEX (DAX)TVC

Description

Hi Guys!

As we see on this 1 H chart DAX showing clear signs of weakness! As the news came out of the USA, markets immediately turned around. I saw this move coming, as I spotted tone of bearish divergence since last week already.

I am entering a short now. I see this triangle formation to play out in the next 14 days.

RSI and MacD giving also nice short signals.


Let's see...




Happy and safe trading!




*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
Comments
ForecastCity
Thanks for sharing. Would you please explain it?
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