My 2nd public TA, again on the DAX, since the last one worked so well :D I would love some constructive criticism so I can improve :)
Personally, I was looking for a way to enforce my short position (risky shit, I know), since I wanna go with the trend.
Seeing the context of the H&S pattern that is being executed, we should expect to fall quite a few points more before we can even think of going for a Long.
Other than that, we can apply our simple "Support becomes Resistance" philosophy to the previous downtrend support line.
Looks like shit is gonna hit the fan for the DAX, have stop loss orders in place though :D
Personally, I was looking for a way to enforce my short position (risky shit, I know), since I wanna go with the trend.
Seeing the context of the H&S pattern that is being executed, we should expect to fall quite a few points more before we can even think of going for a Long.
Other than that, we can apply our simple "Support becomes Resistance" philosophy to the previous downtrend support line.
Looks like shit is gonna hit the fan for the DAX, have stop loss orders in place though :D
Komen:
Going well!
