Guys, we are still on a bearish trend. Mon to Thursday this week have shown weaknesses whenever the market attempted to make new highs. The up-side-down U turn from yesterday's session further supports this. I guess the play today is market retests the 11,020 level, then dumps hard down towards last week's low.
REMEMBER: Wait for the retest at 11,020 then short...
Hi guys,
This is a coin-flipping trade. 50/50 chance right before the CPI data triggers the volume. That's said, the RRR is 1 to 4, so you know the deal.
Good luck
Bearish sentiment on the broader market with bearish news on Telsa recently, can't be a more perfect time for a short given Telsa fundametally is way overpriced. However, that 240 level has to be broken, watch out for a full body close below 240 on the 15 min at least before entering your position.
225 and 200 is your TP levels (50%- 50%). 200 also coincides...
DO IT AT YOUR OWN RISKS!!
Guys, after 2 days worth of more than 6% gain,it's time for a retracement on DAX.
The open of European session saw a jump-back to previous day's high but with a weak momentum. After the local high test, DAX turns his head south in a definitive manner. Classic fib retracement levels 0.618, 0.6 and 0.382 are your TP levels, move stop...
