DE30EUR Possible reversal/retracement of recent bearish dive.

3 oct. 2019

After the steep bearish movement of the DAX it bounced on MA200 on Daily and created a bullish pinbar. On the 4h you can see that it is at historical resistance (from early september). it seems to be pushing up into the resistance and the RSI suggest bullish momentum. A break above 1200 could mean a bullish move up to MA200 on 4h or even up to historical resistance at approximately 12150-12170.

4 oct. 2019

Transaction en cours

We have now pushed through 12000 and we have yet another bullish pinbar on the 4h-chart. The trade is now active.

7 oct. 2019

Transaction en cours

Target one is reached. By the looks of it target two will be reached as well.
Half the position is closed as of now. Second half will run towards target two.

7 oct. 2019

Trade fermée: ordre d’arrêt atteint

With the bearish pinbar we are close enough to our second target so we close the other half of the position.

7 oct. 2019

Trade fermée: cible de profit atteinte

It should read target reached (not stop reached).