DB1 on XETR, BUY.The market is on an uptrend. There is no Supply above, maybe I can join the trend with this 4H Demand zone.
DB1 • Deutsche BOrse • XETRA LONG TF H1#DB1 • Deutsche Börse AG • XETRA LONG TF H1
TP = 168.20 , SL = 157.75
The trend continues, the nearest support level according to my calculations TP 168.20
Deutsche Boerse DB1 - Continue to drop or reversal?XETR:DB1
Using HeikinAshi candles and daily TF on Deutsche Börse shows that $DB1 movement is in good agreement with ma (9-60) and rsi. Each price drop (from start until rsi reversal from 30) usually takes 13 to 70 bars. Currently we are at the 23th-bar.
Due to current doubts in market, it can cont
coincidence of channel and forkit seems the end of bullish correction and I expect the previous bearish trend continues. coincidence of channel and fork alerts where correction should be finished.
Deurtsche Boerse. Long 135- 180. SL 125Monthly
Uptrend since 2015
Price near to FIB 0.618
Weekly
Starts from 0.618 FIB
Volume increased
Daily
OPen 135
SL 125
TP 180
RR 4.5
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