Fxprotrader
Long

Dax Bullish Gartley Completion and a Pending Cypher Pattern

FX:GER30   DAX index of German listed shares
Price in Dax             has completed a bullish Gartley pattern . Price has moved up from 0.786 D point but retraced after a while forming a double bottom. In Macd we see a divergence with price which is a good confirmation to go long. I will enter this setup with two positions with stoploss and profit targets as shown at the chart. If price reaches the first target i will move stoploss of the 2nd one at breakeven.
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