Happy Tuesday,
Unless DAX regains 13k and breaks above 13 100, it can still go either way. Bears do want to break yesterday's low and create LL.
Line in the sand is 12 850
Macro EU Business Climate, Consumer Confidence, HICP, US Housing Price Index, Consumer Confidence, Fed's Williams Speech
Buy
Break: 12 940, 990, 13 060, 085
Reversal: 12 890, 825, 735, 700, 675
Sell
Break: 12 905, 850, 795, 750, 700
Reversal: 13 010, 095, 130, 215
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
Green Goblin levels are here >>>

Fibonacci Confluence levels are here >>>

Unless DAX regains 13k and breaks above 13 100, it can still go either way. Bears do want to break yesterday's low and create LL.
Line in the sand is 12 850
Macro EU Business Climate, Consumer Confidence, HICP, US Housing Price Index, Consumer Confidence, Fed's Williams Speech
Buy
Break: 12 940, 990, 13 060, 085
Reversal: 12 890, 825, 735, 700, 675
Sell
Break: 12 905, 850, 795, 750, 700
Reversal: 13 010, 095, 130, 215
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Trade fermée: cible de profit atteinte
Trade 1: This was a classic setup with very high success probability➡️ Breakout over previous daily close
➡️ Strong blue box F support
➡️ Multiple retests showing that support is holding
➡️ Bullish engulfing breakout
➡️ At the market open so possibility of volume support to the move
➡️ Very small portion of the daily range used till that time
Long Trade 12919
SL 20 pts
TP1 3:1✅60 pts
TP2 6:1✅120 pts
TP3 9:1✅180 pts
➡️ 360 pts on 3 positions
➡️ 120 pts profit with 20 pts risk per position
➡️ 6R/6X
➡️ This trade has the potential to give 12:1 (already crossed 11:1)
Trade fermée: cible de profit atteinte
Trade 2: This was a classic setup with very high success probability➡️ Consolidation at Blue Box F of Brown Box D
➡️ Move from Blue Box F of Brown Box E
➡️ Multiple retests showing that support is holding
Short Trade 13138
SL 20 pts
TP1 3:1✅60 pts
TP2 6:1✅120 pts
TP3 9:1✅180 pts
➡️ 360 pts on 3 positions
➡️ 120 pts profit with 20 pts risk per position
➡️ 6R/6X
➡️ This trade went all the way to 13:1
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Find my daily analysis + trades live & FREE 🆓 💰
👉🏼twitter.com/trading_indian
Learn my strategy and get indicators & tools 👉🏼tradingindian.com
👉🏼twitter.com/trading_indian
Learn my strategy and get indicators & tools 👉🏼tradingindian.com
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.