DAX - (massive!) Short; This is a no-brainer!Germany decided to systematically destroy their (and the EU's) economy, in a consistent and spectacular fashion. This is a no-brainer!! (I have been shorting this, with everything I've got, for the past week.) The only thing that kept this thing afloat, so far, is the underlying currency (EUR/USD) push-pull. I believe that is now over and full capitulation is at hand.
Where will this mayhem stop? ... Well, it depends on the maximum pain tolerance of the combined German industrial base.
Will they let their government fully destroy their entire economy or will they put a stop to it, at some point? ... Right now, I don't care!
The damage is already done, the only question remaining; Just how bad?
Sell, sell, sell ... and then, Short some more!
Daxsetup
DAX Full Analysis From Monthly To 4H TF, Next Move Expectations This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
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DAX New Short 2 Setups To Catch 340 PipsThis is an educational + analytic content that will teach why and how to enter a trade
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DAX New Long Setup To Catch 260 Pips !This is an educational + analytic content that will teach why and how to enter a trade
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DAX / GER30 / DEU30, daily tf, sell the shooting star candleHello my friends,
Second setup for today is German index which is known as DAX.
Some brokers use DAX on it quotation, others use GER30 / DEU30.
Anyway, they are the same indicies if i am not wrong. Feel free to correct me if i am wrong.
There is a shooting star candle / bearish pinbar candle on the daily timeframe. It appeared exactly at horizontal resistance.
This indicates sellers currently winning over buyers.
As you could see, there is also a big gap on DAX chart so we could see price drop to fill this gap first.
Sell DAX / DEU30 / GER30 13095
Stop loss 13215
Take profit 12615 (4R)
RR ratio 1 : 4
Use only 1-2% risk
Good luck
Disclaimer : I am selling DAX from 13095
DAX to 14120No matter if #DAX will go short just for a while to charge the price.
We will go long to 14120