Trading Journey - Trade #4: Short German DAX

Updated
Shorted German DAX CFD at 11638
TP 11065
S.L 11870
Risk/Reward: 2.47
Risk of capital for trade: 1.5%
Accumulated profit before trade: 2.232%

  • Major potential resistance (prior broken neckline for a weekly head and shoulders top)
  • 200 Days simple moving average
  • Bearish divergence on Momentum Indicators
Trade closed manually
I closed the trade manually at breakeven. I will wait for a new confirmation.
Note
Return = 0.
Trend Analysis

Related publications

Disclaimer