DAX Day Chart - At a deciding point, long now or short later

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Trend continuation is risky at this point since trendline is too steep, could easily turn into consolidation or break out.

But going short right now is silly too unless there's news triggering break out downward.

Cut losses early if unconfident, protect gains when market move in your favour.

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ملاحظة

looks like it's not going according to trend line and set price level for now, need to wait

١٧ أغسطس ٢٠٢٣

ملاحظة

patience is key

١٨ أغسطس ٢٠٢٣

ملاحظة

position shorts, ride momentum or wait for pullback

١٩ أغسطس ٢٠٢٣

ملاحظة

could bounce back from here. put breakeven stops if you entered and is in profit. otherwise just wait

١٩ أغسطس ٢٠٢٣

ملاحظة

50/50 from chart, play here for short is only entry if bounce back to trend line, otherwise may as well bet in casino without thinking.