We may break and close my short maybe i will regreat it later but ok i take a risk with long. Its possible for us to break up like nasdaq did and Dax have room to grow. If we break i mark importatn resistance on chart so iwill keep my long than go short easy trades finally on the way.
We will see what happen but im shorting and many traders stop beliving in next down wave so maybe its time to do it when they think we will up :X
Simple retest for long. Look good on weekly,daily, and 4h. I have my short than will switch for long on marked LVL (ZZB)
Ok its a lot of ideas about whts now with sp500 and dax. For me if i dont think about fundamental i think we need to go higher. Evrything is on chart. For people who dont play de30 ( dax - german index) i suggest to take a look because dax have space to go higher .like sp500 till we are above this strong support level. If somebady needs fundamentals ( i think no...
I just want to make it simple so i will wait for high clarity entry in my opinion. So i take fibonaci levels from begining of this big drop and the second fibo i use on first biger correction as you can see on the scree. So i found fibo cluster 61,8 and 78,6 and i will short it if we can go there. If we cant touch this level than i know i want to long on lower...