Made a decision to short the DAX again. Tecnicaly market made a weak structure low so the trend continues. The fundamentals are really not good. But we need to be opened to the idea that the market will continue up posibally to the level 3 structure around 78% fib retracement.
Lets see what happens.
In the green
And stop rolls to BE+30
The price reached the initial target.. So we start to trailstop aggressively behind the latest decision candle. Current stop is at 10936.
Trade closed: target reached:
And we got stopped out by our trail stop.. Market gave us 495 points with this trade. Now to the next one.