Trading_Jazz
Short

(4h) The Dax Bearish Bat @10400$

FX:GER30   DAX index of German listed shares
FX:GER30            

Waiting for RSI Bearish Divergence;
With a validated double bottom at previous support by a broken neck, the price is facing some pressure at the middle of the ascending channel . Weekly resistance above, price reversal zone at 88%, the Bat is almost completed.
Targets:
The 38% retracement, and once there, close half position size and move Stops to breakeven.
The 618% retracement, it could forge the 2618 bullish trade setup.



Safe Trades;

Comment: Test next pressure zone, 9770$...
Can we short for 9770 ?
Reply
Trading_Jazz PRO Constantino
;)
Reply
yes https://www.tradingview.com/chart/toY3xxfR/
+1 Reply
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