GERMAN STOCK INDEX (DAX)
Short
Updated

Is the rally over ? Could be...

After the extended bear market rally that we just had, i believe we are due for one more leg down based of recent economic datas & seasonality

Stop loss is very tight as I do not want to be caught on a leg up

I am expecting a lower low, but will place the take profit just above the recent lows, in case they are not taken

Cheers
Note
the Trigger is the SFP on the H1
Note
remember : price action is fractal
Note
some H1/H4 reaction in the area this morning. Let's see if we can get further out the entry point this week

Would cut if it closes above 14700 on the daily
Note
*BOOM*
Note
fully OUT at BE after 1st tp. very strong reaction from European indexes

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