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DAX Index
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Short Breakout or will the support be bought again?

665
Trading below the illustrated supportlevel should initiate a selling wave down to 12.560.
if we can trade above that Support - a Long Position has a nice Chance-risk-Ratio with a sl short below the Support
Cheers

Anticyclical Long example:
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procyclical short example (my favourite :-) )
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Trade closed: target reached
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cheers!
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YES..if we could trade above todays high a further upwave could be exspected
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run forest -run! snapshot
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jihaaaaaaaaaaaaaaaaaaaaaaaaaaa
snapshot time to say good bye :-) rsi is overbought now and made a selling sinal...cheers
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Perfect! The RSI told us the truth...
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aha snapshot
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snapshot watch RSI!
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check!
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The_Cannalyst

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The_Cannalyst

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.