The german market is sporting a beaut of a wedge
right now! This chart is so pretty, I kinda feel bad for drawing on it. There are many ways to take a potential profit due to the clean air on the left side of break out. One way is to use a simple median line
. The great thing here is that the longer price uses to reach it, the higher the profit. With regards to the stop, the last swing low before the break out looks appealing.