DAX IndexShort
Short DAX
M- showing loss of momentum, bearish candle couple months back, few pin bars since then.
W - LL LH rejected by 8ema, respecting channel
D- respected 61.8 fib level which was in con with top of channel and 3rd TL touch also lovely PA on daily.
target is 127 ext buffer 10530 which is in confluence with bottom of channel and also 61.8 fib level on daily from swing low to swing high.
W - LL LH rejected by 8ema, respecting channel
D- respected 61.8 fib level which was in con with top of channel and 3rd TL touch also lovely PA on daily.
target is 127 ext buffer 10530 which is in confluence with bottom of channel and also 61.8 fib level on daily from swing low to swing high.
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