Tontsake

Bearish butterfly on DAX 4h

Short
FX:GER30   DAX Index
There is bearish butterfly on DAX 4h chart. There is very good confluence in 127 XA area. If it fails, another good option to get short is around 161,8 XA area. Note that there is very effective news coming during next week and it could affect the market.
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.