DAX30 - 11420 is a good level for a trend reversal
The price is near the bottom of the descending channel daily. It could be interesting to anticipate a trend reversal on 11420. A target would be 11900 which 50 fibonacci retracement and the last wave lower.
BUY LIMIT DAX30
Entry: 11420
Stop loss: 11250
Take profit: 11900
Partial profit may be taken when price reach 11600.
Stop loss will be moved to break even as soon as price reach 11600.
BUY LIMIT DAX30
Entry: 11420
Stop loss: 11250
Take profit: 11900
Partial profit may be taken when price reach 11600.
Stop loss will be moved to break even as soon as price reach 11600.
Order cancelled:
Entry missed.