#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 - 12200 support 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.

https://www.tradingview.com/chart/DAX/UaOmmK6P-DAX-Index-How-to-Sell-Wisely/