Dax short potential
Actualizado
Reached day-before-brexit-level.
Bearish divergence.
Sideways movement after price advances = distribution
So, taking a short position in upper range of the consolidation (marked gray) wouldn't be too shitty imo.
A move upwards towards towards 430/470-ish first also possible. I think down is more likely in the near future though.
Also, most of my trading is scalping intraday, my longer term (which is like over 30 min for me, lol) calls are usually a bit less accurate. So keep that in mind.
Bearish divergence.
Sideways movement after price advances = distribution
So, taking a short position in upper range of the consolidation (marked gray) wouldn't be too shitty imo.
A move upwards towards towards 430/470-ish first also possible. I think down is more likely in the near future though.
Also, most of my trading is scalping intraday, my longer term (which is like over 30 min for me, lol) calls are usually a bit less accurate. So keep that in mind.
Nota
2Didn't see that pop coming lol
Worked out ok anyway:
imgur.com/a/GcctO
Still bearish, but will mainly just do small scalps until direction gets a bit more clear.
Nota
3... And everything went better than expected again
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