simonecabras

GER30 Short on 4HR - short term

Short
FX:GER30   DAX Index
I have noticed a bit of stalling around the 11000 level and when it failed to pierce through it seems a good place to place a short trade.
Stochastic confirmed oversold too.
It is short term and with target at 10712 (around the previous lower low level).
I will watch it closely and close the trade manually if neccessary.
Trade closed manually: Closed trade manually below previous support level @ 10686 wit ha profit of 230pips

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