WirmachenTrader

GERMAN DAX STRUCTURE SHORT: HIGH RISK TO REWARD

Short
FX:GER30   DAX Index
The DAX comes right back into the previous support zone which now should act as resistance. We got a 50% Retracement from the swing high and a 1.414 Fibonacci Inversion lining up perfectly at the outlined area. The RSI also shows that we are heavily overbought.

Good luck! Give me a Like if you want to see more of this.


Erfolgreich traden lernen.
www.wirmachentrader.de
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.