VasilyTrader

DAX: Close to all time's high

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FOREXCOM:GER40   Germany 40 CFD

DAX is on its way to retest all time's market high.
I think that this time we may see a fake structure violation before the retracement from the underlined resistance.

Pay close attention to the market when it enters the underlined area and look for a "W" formation to open short.

*I am not suggesting to catch a big wave.
Just a small retracement to a recent structure.
Target level will be 1.275

profit protection after 1.3

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