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AntoninoRomano37
May 12, 2015 5:10 PM

GER30 Long

DAX index of German listed sharesFXCM

Description

Update of DAX analysis: one of the hipothesis that I was considering, specifically the formation of an IHS pattern seems to be occurring as we speak. The correction of the index retracing the 61.8% of the previous impulse gave me the opportunity to start a long strategy. I bought around the 11400. My stop loss is at 11160 and my target is at least the anual maximum, that is 12400. So I am expecting a 1000 point gain and risking 250 points.
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