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DAX - ☕

DAX - ☕
One of my most favourite patterns! Cup & Handle pattern - Inverse!
I've back tested this pattern many times and it never has failed me with the correct amount of risk etc. What states on your plan, that's the greatest importance.
Highs: 15420
Lows: 15280
A break above the highs this trade plan is no longer valid. A break below the lows I expect the continuation of bearish price action to continue and breaks below the trendline then we may go towards 200 EMA area.
Have a great week ahead,
Trade Journal
Key tip: Ignore the noise
One of my most favourite patterns! Cup & Handle pattern - Inverse!
I've back tested this pattern many times and it never has failed me with the correct amount of risk etc. What states on your plan, that's the greatest importance.
Highs: 15420
Lows: 15280
A break above the highs this trade plan is no longer valid. A break below the lows I expect the continuation of bearish price action to continue and breaks below the trendline then we may go towards 200 EMA area.
Have a great week ahead,
Trade Journal
Key tip: Ignore the noise
Trade fechado: stop atingido
Stopped out Tuesday.Aviso legal
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.
Aviso legal
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.