GER30 - 4H - Bigger picture breakout

Last two weeks we saw the breakout long from a 5 wave down trendchannel. im looking for breakouts long now if we can find some confirmation into this week.

i might also trade shorts/longs inside the consolidation on lower timeframes. this is after all just the bigger picture

Comment:

Due to the recent retracment (up) we dont have to wait for the break of the consolidation to get long but maybe can get in early with this bat pattern. ofc if this plays out right, i will always look for further longs as we hopefully push higher from there. but lets first see what happens

Comment:

im currently looking abit of an exhibition trade with good riskreward (6:1) for the bat completion
if it breaks the candles lows i will be selling with stops tight above this recent consolidation-ish zone

if it spike up from here, then i wont trade

Order cancelled:

spiked higher