Rising Wedge

DAX might form a rising wedge. If the DAX breaks below the violet line this could trigger a sell-off.

If the DAX breaks below the violet line the TP could be around 14,800.
If the DAX breaks above the violet line, this pattern is busted and the rally could take us to 16,200.

I am waiting patiently to see what is going to happen.

Take care

Commento:

Let's be patient

s3.tradingview.com/s...shots/e/ED6W6ZhU.png

Trade attivo:

First position placed

Commento:

Below 15,600 I open my second short position

s3.tradingview.com/s...shots/n/NNjnidcn.png

Commento:

I would prefer right now a close below 600

s3.tradingview.com/s...shots/s/s9tK1KvZ.png

Commento:

We closed below; I have opened my second position.

Commento:

First position: +170
Second position: +70

s3.tradingview.com/s...shots/8/8OZhFiQY.png

Commento:

If we surpas the upper green line, it's a trap.

Commento:

I am closing my shorts; it seems this is a trap.

Trade chiuso manualmente