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DAX (GDAXI)

Real-time capital.com
Currency in EUR
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17,764.55
-238.66(-1.33%)
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Bearish flag was broken on Draghi time last week now proved it was a fake breakout , as of now its flirting around the EMA 200 (12600) which is the psychological level investors watch and decide whether to get out ,Speculative sentiment index is now 85/20 - Buyers/sellers (Retail)  + Us indices especially Nasdaq decided to give up + Strong geo political fear (US/CHINA trade war) . So am sorry stuck buyers , we might break 12600 anytime and no more 13 K hopes
Thanks Ape ... this easily give low point. What about high point for shorting... which technique you advise
 50/100 and 200 works only in the Daily Time Frame to identify major trend/breakouts , but some people got good results with 15/20 day EMA in the 5 min chart for scalping i never used it but you can try/practice, what i use for scalping is the price action
 Fibonacci retracements , you can try shorting either at 38.2 % or at 50% levels . There is a tool in metatrader just draw bottom-top (4h TF) you will get retracement levels or just google Fibonacci calculator software and add low high close open manually
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