Dax 30 : Stuck in short positions ? Here is the solution ! Speculative sentiment index is just 7.5% on an average indicating an open above 15660 eyeing the targets 15820 and 16k + psychological level / Possible stop loss cluster area . Stuck sellers just be patient and do not put equal parallel positions at the moment ,you will be stuck for life time . Do that only if your margin is in trouble and deposit later to avoid the swap charges that gonna eat your account. Ascending triangle like formation is breaking slowly ( Typical Algos Frustration mode ) . Possible massive profit booking happens around 16000-16200 levels with some magic numbers high like 16033,16057,16077,16133 and so on . Machines will hunt entire typical human mind stop loss like 15650,15675 15700,15750 . Don't let the machines to trap you in mesosphere level if you are holding sell for long time. Trade Safe, All the best
Dax30idea
DAX Long Target reached Hello to all watching my charts.
As a lot of yours wanted to get from me information about Risk/Reward trades
i will try it here in Dax as sample.
New Long has been the Mode after the break of last resistance
at 12914.
Target has been the old high 12975 which has been reachin during
the trading day.
RRR = 2.55
Good trades.
if you want to support my work, please like them
My analyes here are all NOT a request to buy or sell
seomething. Allways do you own research.
Renkotrade