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VladimirRibakov

Dax - Looking To Sell Pullbacks In the Short Term

Short
German 40 Index (PEPPERSTONE:GER40)  
VladimirRibakov  
PEPPERSTONE:GER40   German 40 Index
Trend Analysis Multiple Time Frame Analysis Chart Patterns DAX Index ger40 ger40short psychologicalroundnumber bearishdivergence bearishconvergence bearishtrendpattern
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trendanalysis mtfa chartpattern dax ger40 ger40short psychologicalroundnumber bearishdivergence bearishconvergence bearishtrendpattern
H4 - Price respected a psychological level and is bouncing lower.

Bearish convergence.

H1 - Bearish trend pattern.

Currently it looks like a pullback is happening.

Until the two strong resistance zones hold my short term view remains bearish here.
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