We have a clear H&S pattern on DAX weekly chart, now wait for break out - index drops below 11700 index & close under the neckline at least several days.
Our final target is at 10500.
A stoploss you can put 12500, if weekly candle strongly close above the day EMA200.
Good Luck!
Our final target is at 10500.
A stoploss you can put 12500, if weekly candle strongly close above the day EMA200.
Good Luck!
Trade active:
As we can see, the Index get the NECKLINE area, but still can NOT brake it DOWN.
I am still waiting for the continuation of the downtrend, at least one more try, because there are NO volume in yesterday(9.10) reversal candle.
Don't do risque trades, Wait for break out with great volume, and close under the neckline or clear reversal pattern with massive volume.
Still SHORT
I am still waiting for the continuation of the downtrend, at least one more try, because there are NO volume in yesterday(9.10) reversal candle.
Don't do risque trades, Wait for break out with great volume, and close under the neckline or clear reversal pattern with massive volume.
Still SHORT
Trade active:
Congratulation to everyone who joined to our trade!
Nice & quick profit till now.
The trade still active, if you want, you can to take some profit,
and re-enter when the index will check the neckline as resistance line from
another side => correction to ±11800 zone or wait to continue of the downtrend=)
Nice & quick profit till now.
The trade still active, if you want, you can to take some profit,
and re-enter when the index will check the neckline as resistance line from
another side => correction to ±11800 zone or wait to continue of the downtrend=)
Trade active:
Still active, a stoploss zone is above the neckline 11800 points
Trade active:
Nice profit, still active
Trade closed: target reached:
Perfect trade!!!
