DB1
Using HeikinAshi candles and daily TF on Deutsche Börse shows that $DB1 movement is in good agreement with ma (9-60) and rsi. Each price drop (from start until rsi reversal from 30) usually takes 13 to 70 bars. Currently we are at the 23th-bar.
Due to current doubts in market, it can continue to drop and test both support 1 and 2 but the recent observation shows that it is also a good point for its reversal.
Next few days are critical for $DB1 to show if it continues to drop or reverse.
Trade active:
DB1
It seems that is was a reversal although the fed speech in at 15:00 and the uptrend market can be the January effect.
I do long on DB1 with 2.3% win and risk-reward of 1.5
DB1
It seems that is was a reversal although the fed speech in at 15:00 and the uptrend market can be the January effect.
I do long on DB1 with 2.3% win and risk-reward of 1.5
Trade closed: target reached:
target has been reached. 5% profit in 9 days.