I'm long on DAX since last week, but market made a sharp and strong correction today. Bears showed a lot of strength today, so tomorrow is going to be key.
If the market bounces of the bull trendline me might see another leg up to the previous high. But given the strength of this pullback, the probability of getting to the All Time High in the next few days is much lower than I thought. This way, I'm watching closely to see if the market is going to bounce. Even if it does, if the momentum is not extremely strong, I'll be trailing my SL and exit with a smaller profit.
If the market bounces of the bull trendline me might see another leg up to the previous high. But given the strength of this pullback, the probability of getting to the All Time High in the next few days is much lower than I thought. This way, I'm watching closely to see if the market is going to bounce. Even if it does, if the momentum is not extremely strong, I'll be trailing my SL and exit with a smaller profit.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.