Norsefx

DAX 1H at channel resistance.

Short
Norsefx Updated   
FX:GER30   DAX Index
2
The german index has had a full channel move over the last few days.

Indicators are showing some bearish momentum.

Going short on a break of 9350 with a stoploss above the daily high, will produce a very nice risk reward opportunity.

Target down at the lower trendline at the 8500 area.
Order cancelled:
Channel violated.

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.