donric

GER 30 (DAX) Long

Long
donric Updated   
FX:GER30   DAX Index
Hi,
Long Ger 30 (Dax). Price is very near first "Major" Support. There are many "Major" Trendlines (_______) Support below current price. NoOne "Major" Trendlines (_______) Resistance above current price. Only a "Minor" Trendline (_ _ _ _ _) Resistance. Even if Risk Off, prices should probably retest "Minor" Trendline (Resistence) (_ _ _ _ _) before go again towards first "Major" Trendline (Support) to try to break it.

P.P.P.
Trade active:
Hi,
now we are in at 11.100. Stop near the First "Major" Support.
So stop at 11.040 below before Min.
There is room until 12.500 so target near there.
Even if stop is taken, attention in any rebound at that levels.

Bye
P.P.P.
Comment:
It seems "Major" Support is working.
11.700 first target.
12.500 second target.
Trailing stop if you bet is starting "Risk On" again.

Bye
P.P.P.
Comment:
Hi,
prices in "our" direction.

Bye
P.P.P.
Trade closed: stop reached
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