Short DAX on multi timeframe momentum divergence
1. Momentum divergence on 1H, 15min & 5 min charts
while RSI overbought.
2. Unhit weekly pivot below the price.
3. Trade short at current levels towards weekly pivot with stop above the highs.
Target: 11120
SL: 11240
while RSI overbought.
2. Unhit weekly pivot below the price.
3. Trade short at current levels towards weekly pivot with stop above the highs.
Target: 11120
SL: 11240
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