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

Kommentar:

Let's be patient

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

Trade ist aktiv:

First position placed

Kommentar:

Below 15,600 I open my second short position

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

Kommentar:

I would prefer right now a close below 600

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

Kommentar:

We closed below; I have opened my second position.

Kommentar:

First position: +170
Second position: +70

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

Kommentar:

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

Kommentar:

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

Trade wurde manuell geschlossen