Certainly, nothing is fur sure and especially, when you have an index that is starting to range between the 12450 and 12150. This is where DAX might get stuck for a while. But that doesn't mean that we could not try and squeeze something out of it.
This is a potential trade scenario for today, so please see the chart for details.
more downside coming in my opinion...textbook head and shoulders
JFD_Research
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@SN_Doumet, Good spot. But until that neckline is broken, this remains just an idea. Let's see if it works out. Until then, we are observing the short-term moves on a 240-minute chart.
Aqua_Trader
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@JFD_Research, yes of course I agree, which is why stop orders are what i am using in this case