DAX Index
Short
Updated

DAX30 Bearish Divergence

On the daily chart price bounced from up Bollinger Band. And it's a signal for searching entry levels on hourly charts. MACD and RSI formed bearish divergence on 4H chart and it's time for short trades. Entry level is below MA20 and stop above the swing high. Target profit can be the support level or MA100.
Trade closed: target reached

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