DAX DAILY SHORT SWING TRADE
DAX is hitting a powerful resistance level which has seen recency, strength & frequency since summer 2020. Double top showing on the 240 chart with a possible red kicker candle. Do choose your entry reasoning wisely & always manage your risk. We could see a failure on positive covid vaccine news, but interest in that could wane sharply as we saw recently.
S.L. 13520.6
Entry 13270.7
Take Profit 11721.2
Risk Reward = 6.2/1 (or 2.73/1 for conservative trades).
S.L. 13520.6
Entry 13270.7
Take Profit 11721.2
Risk Reward = 6.2/1 (or 2.73/1 for conservative trades).
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