Childrenofmen
Short

SWING - DAX + AEX - FREEFALL - PROJECT 500PIPS BEAR

FX:GER30   DAX Index
Turned long into short today for both DAX             +AEX:
Reasons:
- Zoomed out trendchannel indicated reversal (batman's cape or triple top patern ==> freefall)
- 1day RSI: Overbought
- 4H + 1H had price action indicators to turn down
- Volume spike on 1H indicated the main trend changed.
- BB at daily topped
Profit:
SL: 10400 TP1: Reached today at 10240 TP2: 10175 TP3: Freefall gap: 9800
Comment: Day 3: Stil moving down on dax, position stays open. Position on AEX closed, small pip proft.
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