DAX is still in range wide range between 12900 and 13100. Today after a few movements up and down DAX finally go lower to buy zone. We think that this is good opportunity to place BUY order with risk reward ratio more than 2. Our stop is below range and target is near last peaks at level 13060. If DAX will stay in range, there is a high probabilty that price will go toward upper band of range and hit our target level.
Comment:
Profit protection. Stop moved a few pips over open level.
Comment:
Target hit.