SergeantPringles
Long

GER30 - 5m - Shark Confirmation

FX:GER30   The DAX Index
176 0 8
We saw a Shark on the 2H, but i didnt want to trad it plain because the impulse leg was a big forced.now we saw an impulse from the PRZ breaking a trendline . after the impule we are now forming a flag down. if we break this to the upside , then im looking to buy
Trade active: rough target setup. tg2 might change over the cours of the trade depending on what ratios emerge
snapshot
Comment: since i cant take any profits at the 88.6 bat pattern completion i will be addin a short position as a hedge.
snapshot
Comment: hedge active. tg1 9270 for 1:1; tg2 9242, few points b4 the 618
Comment: hedge stopped out. pursuing my long
Comment: Target 1 hit. stop slightly above breakeven below the recent consolidation
Comment: Rest stopped out for a few pips of profit after breaking below the recent swings.
we can however still look for a reentry if this flags shapes up as one an we break above.

this is only viable ofc, as long as we dont totally break down from here
snapshot
Trade active: Bought the addon breakout yesterday(well not technically an addon any more bc i got stopped out by a a few points on my original breakout - mabye pulled the stop up a little bit too much - but anyway)

nonetheless still long, and on the way to tg1 now after the market upgap.
Comment: tg2*** ofc.
Trade closed: target reached: "TG2" reached.
i might look for a hedge based on the bat pattern completion, but im not goin to trade this plain, only with confirmation
stops for TG3 breakeven.
Comment: stops pulled below recent swing(orange line)
and im further looking for an addon long if we can break out of this flag to the long side
targets would be a retest of todays highs and target 3 zone
snapshot
Comment: i think that makes no sense, im leaving for the weekend soon anyway, and i dont wanna hold over the weekend. so im takin everything off either at daily high retest or if we break the orange line. no TG3
Trade active: last addon for this setup ative and stop already breakeven due to nice followthrough. lets hope the momentum can drive us to the retest of the daily highs, where all my remaining targets are
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