As DAX posted a major daily bullish pin bar, strengthened by the bounce from previous lows (important support) we think that the price will move higher over the next days. Thus, we are initiating a buy stop order, slightly above today's highs.
Comment:
As the Wall Street open is clearly bearish today, we are moving our stop loss to 13,130 EUR to halve or potential loss.
Comment:
The price failed to hold today's gains, thus we are rather exiting the trade at BE. Better safe than sorry.