Short DAX at 7740

[younouss]

Pivot is around 7700 (monday's high) which is a nice point of entry for a long...

 

[younouss]

On the other hand we reached a resistance area 7800 which is 100 MA on day chart and 200 MA 180min chart, next R is 7866. So obviously technical trader will short here.

So short here, cover and reverse 7700 and if it happens, just call me Guru please

 

[JSSPMK]

Quote from younouss:

Pivot is around 7700 (monday's high) which is a nice point of entry for a long...

I got 7719, correct?

Long 3 off 1 min, need histo to turn up

-3

 

[JSSPMK]

Long 3

c'mon 2 min histo

triple divergence now on 1

K'MON!!!

2 min looking wicked!

scaled out 2 +10.5

 

[[Proximo]]

It should catch a bid here. Me thinks.

Patience.

 

[[Proximo]]

Told ya so. I'd take some off here 7778-80.

Quote from [Proximo]:

It should catch a bid here. Me thinks.

Patience.

 

[JSSPMK]

Quote from [Proximo]:

It should catch a bid here. Me thinks.

Patience.

Cool, I was trading off 1 min & 2 min's histogram, 2 min developed a stunner.

What was your conviction based on?

 

[[Proximo]]

Higher degree + Lower degree fib formation + Divergence + ES @ support + ML (Middle Line turning up).

Confirmation "W" pattern.

 

[JSSPMK]

TY! Now I see an inversed H&S on 1 minute, ImO re-test highs and away (so I hope basically )

 

[JSSPMK]

Buen, uno chartos por favor amigo, comprende?