(4h) The Dax Bearish Bat @10400$

FX:GER30   DAX Index

Waiting for RSI Bearish Divergence;
With a validated double bottom at previous support by a broken neck, the price is facing some pressure at the middle of the ascending channel . Weekly resistance above, price reversal zone at 88%, the Bat is almost completed.
The 38% retracement, and once there, close half position size and move Stops to breakeven.
The 618% retracement, it could forge the 2618 bullish trade setup.

Safe Trades;

Comment: Test next pressure zone, 9770$...
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out