Germany 40Mis à jour DAX Day Chart - At a deciding point, long now or short later
Trend continuation is risky at this point since trendline is too steep, could easily turn into consolidation or break out.
But going short right now is silly too unless there's news triggering break out downward.
Cut losses early if unconfident, protect gains when market move in your favour.
But going short right now is silly too unless there's news triggering break out downward.
Cut losses early if unconfident, protect gains when market move in your favour.
Note
looks like it's not going according to trend line and set price level for now, need to waitNote
patience is keyNote
position shorts, ride momentum or wait for pullbackNote
could bounce back from here. put breakeven stops if you entered and is in profit. otherwise just waitNote
50/50 from chart, play here for short is only entry if bounce back to trend line, otherwise may as well bet in casino without thinking.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.