Renkotrade

DAX SHORT 1 HR Chart

Short
TVC:DEU40   GERMAN STOCK INDEX (DAX)
Hello to all watching my charts

Today we have a nice situation to show you the
different timeframes of trading in my channelsystem

The longtime channel (blue lines) is still long (angle +)
but the shorttime channel as shwon is in a short situation.

So if you trade in the timeframe of 60 Minutes/1 HR or 120 Minutes /2HR
you should be in a short position.

If you trade in much longer timeframes , like 1D you could be still long.

But i think you must check than:

A Break of the lower blue trendline is a short signal not only in the shorttime
also in the longtime system. !!

Good trades

If you want to support my work and my charts. please like them...

Renkotrade

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.