FX:GER30 DAX index of German listed shares
We will start with an upward GAP. We will look for a first target at 10700. Followed by a pullback near level 10740. Finally we will look for the near level of 10666.
Trade active: We have reached the 3 points but not as expected. The absence of initial GAP has made the first pullback non-existent. The market has not made any significant pullback during the hourly session, gradually reaching all targets but in a linear fashion. In my opinion is preparing a strong bullish position. I close bearish positions and entered bullish positions.
Trade closed: target reached