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DAX Short

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I'm bearish the Dax which might be going a little against the grain here but I think this consolidation is now coming to an end and see a good RR reward here if price breaks to the downside.

At this level the risk is minimal and I've now entered at 10070 with a stop at 10160. If price does break up and makes a new high above consolidation I can then have my eyes set on 10300 and or 10500 which will offer another good RR opportunity.

Since I am seeing this consolidation coming to an end I am therefore setting my sights on the April lows shown in the blue box as my target.

Good Luck
Dagangan ditutup: hentian tercapai
Trade close the DAX Machines triggered my stop on the open.

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