We have 3 points of contact at the resistance of the RSI channel, high probability of a breakout.
Today we need to close above to channel ( or any other day) but it is essential.
The rsi keeps resetting and is in a downtrend which creates multiple bullish divergences. This is is very bullish.
Take profit levels are shown on the chart.
Today we need to close above to channel ( or any other day) but it is essential.
The rsi keeps resetting and is in a downtrend which creates multiple bullish divergences. This is is very bullish.
Take profit levels are shown on the chart.
Comment:
Dax futures are currently at 13100
Trade closed manually:
i got out at 13150 for those who actually took time to look at this trade setup. Yesterday we didnt bounce from the channel and the risk of falling lower was too high. i got out in profit and just went short
take profit levels are shown.
stop loss recommendation: 12875