Dax, swing trade idea

PEPPERSTONE:GER40   German 40 Index
German Dax Index / 1H

Hello traders, welcome back to another market breakodown.

The Dax has been trading inside a channel. Traders look to sell high and buy low.
Please check the chart to have an idea on what kind of confirmation I'm waiting for depending on the probabilistic perspective.
Meaning : high risk = less probability. Low risk = more probability of the trade playing out.

Trade safe,
Trader Leo.


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.