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DAX Index
Short

GER30 / DAX Short

By SerkoFx
Updated
-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
AB=CDactionbrokerDAX IndexEquityEURUSDFibonacciForexGBPUSDGER30 CFDIndicesLONGMoving Average Convergence / Divergence (MACD)marketpriceRelative Strength Index (RSI)retracementshortstructuretradinggurutrenduptrend
SerkoFx

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