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The_Cannalyst
18 ago 2015 08:44

Selling the former low or buying the neckline breakout? 

DAX index of German listed sharesFXCM

Descrizione

Trying to sell the former low... this short Szenario is only active if we make no higher high than 10.927 i don`t trade it - ist just an idea... If the Low will be bought, a dounble bottom can be formed
Long: Stoppbuy > neckline...

As Long as Dax is trading below 10.990, a new Low @ 10825-10.800 is thinkable.
Above 11.040 you can assume, that no further lows will appear. This would open the possibility to increase to the Level 11.150-11.300
Trading below 10.650 will initiate a selloff to 10.250/10.065 - the summerrally would than be obsolete
Commenti
The_Cannalyst
sl reached
The_Cannalyst
The_Cannalyst
nice..sl adjustment
The_Cannalyst
possible Niveau @ the trendchannels upper edge to Switch the Position ito short!
The_Cannalyst
TP reached!
The_Cannalyst
The_Cannalyst
The_Cannalyst
The_Cannalyst
sl adjustment - Open Position = without risk
The_Cannalyst
longposition filled, short cancelled
sl-adjustment
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