Hi Guys!
As we see on this 4 H chart, DEU30 is in a bull mode, but yet reversal is not far away. I reevaluated my positions.
I see it topping out at the 11565 areas and forming some kind of a double top.
Fridays are normally being pushed up into the weekend. I see the reversal playing out next week.
If DEU30 breaks out further to the upside, then I will need to reevaluate the positions again.
Let's see...
Happy and safe trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
As we see on this 4 H chart, DEU30 is in a bull mode, but yet reversal is not far away. I reevaluated my positions.
I see it topping out at the 11565 areas and forming some kind of a double top.
Fridays are normally being pushed up into the weekend. I see the reversal playing out next week.
If DEU30 breaks out further to the upside, then I will need to reevaluate the positions again.
Let's see...
Happy and safe trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.