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DAX Index
Short
Updated

GER30 / DAX Short

383
-Structure LH´s and LL´s
-ABCD in play
-Overall uptrend if we look at the weekly chart
-Arrows show what could happen

I see this big move to the down as a major retracement for the weekly chart.

Note
Looks like we take the train to 10800 Points
Trade active
Still looks good and fully in play
Note
Second possible scenario which is marked with the upward arrow is in play, price is rejected perfectly
AurumQuant
AB=CDactionbrokerDAX IndexEquityEURUSDFibonacciForexGBPUSDGER30 CFDIndicesLONGMoving Average Convergence / Divergence (MACD)marketpriceRelative Strength Index (RSI)retracementshortstructuretradinggurutrenduptrend

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
AB=CDactionbrokerDAX IndexEquityEURUSDFibonacciForexGBPUSDGER30 CFDIndicesLONGMoving Average Convergence / Divergence (MACD)marketpriceRelative Strength Index (RSI)retracementshortstructuretradinggurutrenduptrend
AurumQuant

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.