DAX30 Short Trade idea
This is just for educational purposes and not investment advice.
Reason to short the DAX30:
1. I believed the high of the week is already lock in and possible market shift to the downside
2. LSE open creates a strong sell off and created a fair value gap for the first 15 min.
3. I waited the price to retrace to the 50% midpoint 15 min bearish candle.
4. Breaker block has been broken and expecting for the price to go down - intra day
5. I am looking at the previous as liquidity zone to take profit as shown the chart
Reason to short the DAX30:
1. I believed the high of the week is already lock in and possible market shift to the downside
2. LSE open creates a strong sell off and created a fair value gap for the first 15 min.
3. I waited the price to retrace to the 50% midpoint 15 min bearish candle.
4. Breaker block has been broken and expecting for the price to go down - intra day
5. I am looking at the previous as liquidity zone to take profit as shown the chart
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