Watch the interaction of price action as it approaches to pink box. The rejection from the with trend-line will send the the price price to next target at 88XXs. A stop loss, entry and takeprofit ide are shown in the chart
Exactly on weekly pivot....thats sound good to short this level...
EliK
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DAx is strong now
HamedAghajani
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You should look at the weekly time frame to have a better understanding of how DAX is unfolding. Dax just had a 1.113% false breakout to above 1050 level and since then is rolling down. It had the highest weekly fall since 2007 last week and it is most likely to test lower levels than current levels, before attempting for a new fresh high. However if you have a chart where you can demonstrate you counter view, I will appreciate your time.