DaveBrascoFX

Deutsche Bank DBK long will Go to 26$

Long
DaveBrascoFX Updated   
CAPITALCOM:DBK   Deutsche Bank
I have explained 2 bullish scenarios,1 bearish(worse case).

Bullish:
higher highs higher lows
poc uprising
volume increasing
capital flow rising
Inflation cooling down
Future Rates cuts
Rising Supports



In case the Take profits hit, and we have increased volume, I will ride the trend.
I will only take profit 10% of the Deutsche Bank portfolio and let the profit run.

Exit :Stop loss or trend change signal


The mid and long term horizon is bullish. If any Profit taking level reaches, and trend continuation is signalizing that the uptrend will be continued, I will increase agressively my positions and take only 10% profits of each position.I will let the prfoits run.

This trade setup is only for trend followers and on daily TF.
Comment:
Trade open
Long
VIX DOWN DXY DOWN

The US economy grew 2.4% GDP in Q2
US Futures Extend Gains after Upbeat GDP Growth
US stock futures extended gains on Thursday, with contracts on the Dow Jones jumping about 170 points, S&P 500 gaining 0.9% and the Nasdaq 100 up 1.6% as investors cheered fresh data and corporate earnings results. The US economy grew 2.4% GDP in Q2, surpassing market expectations of 1.8% expansion in a sign the US economy remains resilient despite high-interest rates. Meanwhile, Meta Platforms surged about 10% in premarket trading after reporting strong earnings and profit and a better-than-expected forecast for the current period. Comcast jumped over 2.5% after earnings and revenue came higher than anticipated and McDonald's was up about 1.3% after sales topped forecasts. Mastercard was also in the green (0.6%) after delivering strong revenue and earnings growth. Intel, Ford and T-Mobile are due to report today after the closing bell.

US Initial Jobless Claims Fall to 5-Month Low

US GDP Grows at a Stronger 2.4%
Comment:
US Stocks on Track to End July More than 3% Higher

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