DAX // @end of the countertrend or @start of the new one?
After the last impulse wave down, the market built a nicely visible countertrend. Until the inflection zone, the primary trend is short, so I'm looking for short trades.
The short trigger zone valid at the moment is the last north breakout on H4 and the last local low on the daily (from where the price made new high within the countertrend). Taken back by the sellers, this zone is an early opportunity to go short and ride the primary trend.
If price closes above the inflection zone on the daily/weekly, primary trend may change to long.
Trade safe! ⚪️⚫️
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ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!
Remember that trading is a business.
SIZE your TRADES according to your risk aversion!
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The short trigger zone valid at the moment is the last north breakout on H4 and the last local low on the daily (from where the price made new high within the countertrend). Taken back by the sellers, this zone is an early opportunity to go short and ride the primary trend.
If price closes above the inflection zone on the daily/weekly, primary trend may change to long.
Trade safe! ⚪️⚫️
--------------------------------------------------------------------------------
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!
Remember that trading is a business.
SIZE your TRADES according to your risk aversion!
----------------------------------------------------------
