hex0x40
Long

Ascending channel : testing new highs ?

OANDA:DE30EUR   Germany 30
We are entering inside a warning zone, so, we must take care (eventual trade cancellation).
I'll keep you updated about new observations.
Comment: We got back inside ascending channel. Meanwhile, we are still within the defined "warning zone".
Comment: We need to stay cautious but a breakout appeared above the resistance of the ascending triangle :
Comment: Price is riding within "warning zone". Stay cautious.
Comment: Too risky. Close at breakeven.
Trade closed manually
Comment: It was a nice setup, in fact :)...
Comment: DAX hit the top of the defined ascending channel. Time to consider idea suggested by PSVert :

Comments

going up.. good job
Reply
hex0x40 trader123123
@trader123123, Thank you :). But only consider TP1 as sure :). TP2 might not be reached :).
Reply
You're right, markets are just a gamble next few hours.....
Reply
hex0x40 Dude1913
@Dude1913, Sometimes, it's wiser to close at breakeven :)...
+1 Reply
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