On Friday TecDax favorite Sartorius AG underwent a fail breakout. So I will follow the short consolidation up to the FIB level representing the lower line of the symmetrical triangle. I assume that strong resistance may likely hold a third time, so that risk for loss is acceptable.
To cover the trade, I used a put KO 1.31% warrant with a leverage of 7.
To cover the trade, I used a put KO 1.31% warrant with a leverage of 7.
Comment:
Trade is still active. Strong resistance today. I hope that it will start dropping tomorrow.
Comment:
Leverage is a burden, but I keep holding and hoping for reversal to breakeven.
Trade active:
Trade closed manually:
Trade failed.