mazoto

DAX XETR: Intraday changes introduced by the bull flag

Long
XETR:DAX   DAX Index
XETR:DAX

On my chart you can see that I depicted a pattern of a bull flag , which signals a further upward movement of the DAX value. Probably nothing more to say, quite a short idea with a small period of time. In any case, if we do not change the movement to ascending within 12 hours after the opening of the exchange, this idea becomes irrelevant and I continue to drink vodka from failures.

The indicators that I attached to this chart have not yet signaled an imminent upward growth, but I still hope so. Let there be a rise in German stocks.
Trade active:
As expected, we began to move upward, if we close above the opening of the day, we will most likely continue to grow tomorrow in a bull flag pattern. Raise your stop orders so that in the event of a rollback, do not get a loss.
Trade active:
As I wrote earlier, we made a movement in an uptrend. Now I can not say what to expect, but I can say that you should definitely raise a stop order or use a trailing stop order so that the loss is not significant and you are left with a profit.
Trade closed: target reached: We reached the desired values and closed positions. Good luck!

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