Short DAX - possible H&S pattern
1. Missed pivot below the current price,
2. Divergence on momentum indicator,
3. Possible H&S pattern to be confirmed on break through the neck line (horizontal support),
Go short on break through H&S neck line or wait fot the pullback after the break.
Target: 9365 (H&S target),
SL: 9530 (above the highs).
Happy trading!
2. Divergence on momentum indicator,
3. Possible H&S pattern to be confirmed on break through the neck line (horizontal support),
Go short on break through H&S neck line or wait fot the pullback after the break.
Target: 9365 (H&S target),
SL: 9530 (above the highs).
Happy trading!