Nice Head & Shoulder formed a great opportunity for shorting DAX
Updated
A long-awaited correction is on its way, a nice Head and Shoulder is formed perfectly on 1Day time frame chart, also as confirmation the is a bearish flag which has been broken, my plan is to open 3 shorts position with stop loss at 15285 only to the TP1 which will be a large lot or you can choose 15313, TP1 will be on the 61.8% Fibonacci 14976.14 then TP2 14848 and TP3 will let it run as long as doesn't touch the 61.8% Fibonacci level, also as you can see below on the chart there some interesting levels marked with a red line nevertheless to say the channel support, please trade at your own risk, wish you success 😊🤞
Trade active
Here a clear view with the 1 Day time frame s3.amazonaws.com/tradingview/snapshots/s/SXLlF9dh.pngTrade closed: target reached
Hope someone made a nice healthy profit as I did 😉👌
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