Position Trade on DAX - SHORT

29 thg 6, 2017

We have reached the upward level of the channel , clear bearish candle of today is the start of a downtrend

7 thg 7, 2017

Giao dịch đang hoạt động

Bulls do not give up easy.
Still maintaining bearish position as 12500 is not breached.
Rsi showing clear signal of weakens

18 thg 7, 2017

Ghi chú

12500 is a critical level and if we stay below it look for targets at bottom of the channel , it might take time but remember this is a weekly channel .

21 thg 7, 2017

Ghi chú

12500 is broken and we are looking now at 12300 as strong support area , if broken 12000 will be the target for this analysis

24 thg 8, 2017

Ghi chú

Still 12000 level is holding and we are in the middle of bull-bear fight claiming upper hand

30 thg 8, 2017

Ghi chú

Target one achieved , you may ride to previous bottom 11500

5 thg 9, 2017

Ghi chú

Approaching end of tunnel , watch out for price action around 12000

5 thg 9, 2017

Ghi chú

All Shorts exit