christian.langfors
Short

DAX - QUITE HIGH PROBABILITY SHORT TERM FOR ANOTHER LEG DOWN

FX:GER30   DAX Index
91 0 1
DAX             4H chart, although the "trend" measured with MA20 on the 4H chart is pointing north, I'd say the probability for the sell off yesterday to continue today/monday is quite high. In other words, expecting a 1-2-3 move lower.

Why is a good question, since the other events (marked with a blue-ish arrow) was all BTFD. I have no good arguments for "why" besides I do not like that price action pattern and gut feeling says so..

GL and remember to use stops!
Comment: Some f'**er/s keep accumulate @ ~10630, same thing yesterday. Could drop fast if that level gives in.
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