DAX - Ready to go down like the other indexes ?
Updated
Dax, like the other indexes is at a decisive point right now.
If we really are in this ending Diagonal, we should see price drop sharply very soon.
On this setup, same as my post on the S&P, the R/R ratio totally makes up for the low probability of this trade.
Similar to this setup :
An exemple of how this can play out,
Notice the similarity of this setup to WTI in August !
If we really are in this ending Diagonal, we should see price drop sharply very soon.
On this setup, same as my post on the S&P, the R/R ratio totally makes up for the low probability of this trade.
Similar to this setup :
An exemple of how this can play out,
Notice the similarity of this setup to WTI in August !
Comment
DAX - doesn't seem to want to go down ... I think it's best to close the whole position but I'm going to do only half and let stop to break-even for the rest.
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Thanks !
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