As shown on that chart, A Big Gartley followed by a Big Bearish Bat pattern.
The main thing here is, that the 61.8 FIB Retracement was touched two times (FiB measured on monthly), so this is a decent Short trade, to gain about , let me say I guess about minimum 200 Pips to 400 pips. Probably more? :)
Hope you guys like that. I'm currently short in that, from 10.420
The main thing here is, that the 61.8 FIB Retracement was touched two times (FiB measured on monthly), so this is a decent Short trade, to gain about , let me say I guess about minimum 200 Pips to 400 pips. Probably more? :)
Hope you guys like that. I'm currently short in that, from 10.420
Trade active:
In Short @ 10.420
Trade closed: stop reached:
Unfortunately it temporarily passed the 61.8 FIB
Trade active:
Short @ 10.520, with the Thought of the FOMC pressing the DAX down again
Order cancelled:
Out at breakeven