SWINGPROFESSOR

Triangle formation idea DEU30 It is time to short!?

Short
TVC:DEU40   GERMAN STOCK INDEX (DAX)
Hi Guys!

As we see on this 1 H chart, there might be a triangle forming. In my opinion Nr. 2 now, this could play out also like this. Apex breaks down approximately on the 19th - 20th of February.

I am already in a short from yesterday. Don't really see any indicators of turning around again. DEU30 looks very bearish. It is Bloody Friday today!

RSI and MacD very negative at the moment.



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.
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