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racinge
Oct 8, 2018 7:05 PM

DACX30 / DEU30 possible Butterfly Short

GERMAN STOCK INDEX (DAX)TVC

Description

my 1st post ever, and still learning. *This is my view, and is not meant as advice for others to trade!

been monitoring this since AB leg. if the C leg passes 11933, this will be invalid, even though it still might go upwards.
going long for now might be an aggressive trade, but could be rewardable. To be updated if this goes to D leg and short there...

Constructive comments/criticism appreciated :)

Comment

*Correction! the C leg can not pass price of 11865.5

Order cancelled

This pattern has become invalid now! look for new a opportunity.
Comments
sonerta
not now, we won't see above 12100 until the end of the year.
racinge
@sonerta, would you like to add some context to that? is it technical or sentiment?
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