rpcasanas

DAX30 Short Trade idea

Short
FX:GER30   DAX Index
This is just for educational purposes and not investment advice.

Reason to short the DAX30:

1. I believed the high of the week is already lock in and possible market shift to the downside
2. LSE open creates a strong sell off and created a fair value gap for the first 15 min.
3. I waited the price to retrace to the 50% midpoint 15 min bearish candle.
4. Breaker block has been broken and expecting for the price to go down - intra day
5. I am looking at the previous as liquidity zone to take profit as shown the chart

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.