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dionvuletich
Jun 17, 2015 9:09 AM

Dax Daily Bullish Bat into Bearish Cypher Long

DAX index of German listed sharesFXCM

Description

Dax Daily Bullish Bat into Bearish Cypher

Chart a bit messy because a lot going on, but basic premise is going long now based on 4x fib cluster level,
Then looking to short at 12062, possibly holding the 2nd target till much lower

Short term bullish, medium term bearish...

Be careful tonight!, FOMC could shake things up a little...
Comments
dionvuletich
first target basically hit, 1.6:1 R:R, trailing second stop to BE looking to short Cypher at 12062 and let second portion ride south... when near entry of Cypher I will start trailing stops more aggressively
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