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The_Cannalyst

Short Breakout or will the support be bought again?

DAX Index (FX:GER30)  
The_Cannalyst Updated   
FX:GER30   DAX Index
24
3
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!
Comment:
YES..if we could trade above todays high a further upwave could be exspected
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Comment:
run forest -run!
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Comment:
jihaaaaaaaaaaaaaaaaaaaaaaaaaaa
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time to say good bye :-) rsi is overbought now and made a selling sinal...cheers
Comment:
Perfect! The RSI told us the truth...
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aha
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watch RSI!
Comment:
check!
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