themarketzone
Long

DAX just completed a bullish Gartley

FX:GER30   The DAX Index
Can't complain about that 30 minutes bearish Cypher I traded on DAX             (maybe that I got out too early!), but no we have a bullish Gartley right inside the important 11000 support zone .

The potential target is the top of the trading channel and the required stop loss should be below X point (although a stop below 10,850 may be enough if that support zone will hold
Smaller pattern right on the 11,000 support zone.
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Reached very close to my initial target level - "top of the trading channel" - Time to take some profits
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So far nice reaction to the pattern's PRZ. The real test will be if it will reach to re-test the 11,000 zone. It should act as support now and push the price higher towards target levels
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IvanLabrie PRO themarketzone
I got out and watching for reentry. Some extra confirmation would be nice, specially considering it can rally to 14723 according to my projections.
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Excellent, going in.

Stop at the 253 daily EMA and a second one with the stop at 10652.

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Good luck
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IvanLabrie PRO themarketzone
Thanks...been patiently waiting heh.
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Now or never!

Nikkei Bat:
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SP500 Butterfly:
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DAX Gartley:
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