FabienGo

DBK Deutsche Bank long

Long
FabienGo Updated   
XETR:DBK   DEUTSCHE BANK AG NA O.N.
If the wave analysis is correct or even half correct :-), we have lots of extensions of 3rd waves which is usually a good sign for a slow but steady long term uptrend

Entry point = now around 10,2

Stop 9,702 (would invalidate the wave ii)

target = well this would be a buy and hold strategy in this case
Trade active:
long@10,186
stop 9,702 or more agressive 10,106, assuming wave ii is over
Trade active:
would add on the correction of the movement 9,7-->11 so around 10,2-3 maybe
Trade active:
added 10,288
can level up the stop once 11 is broken
Trade active:
stop set higher @10 (last lows - end of wave 2 - see other post)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.