#TradingPlan #INDEXES DAX Index: How to Sell Wisely??? Dax in | We Trade Stocks
#TradingPlan #INDEXES DAX Index: How to Sell Wisely???
Dax index set a lower high today on 4H. now the price on its way to 12160 - 12200support cluster.
let's see the reaction of the market to that level. bearish breakout (4H candle close below) of support will be a perfect trigger for us to short the market.
you can sell aggressively or on retest.
Target levels: 11914 11623
Stop: 12450 (if the market sets a new lower high again, you can adjust your stop to it)
in case of a bullish breakout of 12430, setup will be invalid.