Dax de40 have been in a crazy bull run since few months and i think its time for a slow down. oblique support have been broke, index is oversold in weekly and we can see it loosing bull power and forming flat top in lower timeframe. I think we can see it make a last push up in the 18100 area and then start a correction since the market like to sell high. i will try a short in this area after a good final push. i will five SL and TP 1 once we reach the potential selling area.
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DAX have reached my potential sell zone , trying short at 18196 from here, SL at 18250, TP 1 18000 / TP 2 17877 AREA.
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beautiful sell off ... already 150 pips..cheers
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approaching TP1
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free money ..
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Trade closed , 100 pips benefit. waiting for another short entry