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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 Fibonacci Multiple Time Frame Analysis DAX Index ger40 keyresistancezone bearishdivergence lowerlows bearishtrendpattern correction Bearish Patterns SELL
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trendanalysis fibonacci mtfa dax ger40 keyresistancezone bearishdivergence lowerlows bearishtrendpattern correction bearish sell
H4 - Price respected a key resistance zone and bounced lower.

Bearish divergence.

Lower lows.

H1 - Bearish trend pattern.

Currently it looks like a correction is happening.

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