Position Trade on DAX - SHORT

٢٩ يونيو ٢٠١٧

We have reached the upward level of the channel , clear bearish candle of today is the start of a downtrend

٧ يوليو ٢٠١٧

تم فتح الصفقة

Bulls do not give up easy.
Still maintaining bearish position as 12500 is not breached.
Rsi showing clear signal of weakens

١٨ يوليو ٢٠١٧

ملاحظة

12500 is a critical level and if we stay below it look for targets at bottom of the channel , it might take time but remember this is a weekly channel .

٢١ يوليو ٢٠١٧

ملاحظة

12500 is broken and we are looking now at 12300 as strong support area , if broken 12000 will be the target for this analysis

٢٤ أغسطس ٢٠١٧

ملاحظة

Still 12000 level is holding and we are in the middle of bull-bear fight claiming upper hand

٣٠ أغسطس ٢٠١٧

ملاحظة

Target one achieved , you may ride to previous bottom 11500

٥ سبتمبر ٢٠١٧

ملاحظة

Approaching end of tunnel , watch out for price action around 12000

٥ سبتمبر ٢٠١٧

ملاحظة

All Shorts exit