DAX XETR: Intraday changes introduced by the bull flag
Updated
DAXOn my chart you can see that I depicted a pattern of a bull flag, which signals a further upward movement of the DAX value. Probably nothing more to say, quite a short idea with a small period of time. In any case, if we do not change the movement to ascending within 12 hours after the opening of the exchange, this idea becomes irrelevant and I continue to drink vodka from failures.
The indicators that I attached to this chart have not yet signaled an imminent upward growth, but I still hope so. Let there be a rise in German stocks.
Trade active
As expected, we began to move upward, if we close above the opening of the day, we will most likely continue to grow tomorrow in a bull flag pattern. Raise your stop orders so that in the event of a rollback, do not get a loss.
Trade active
As I wrote earlier, we made a movement in an uptrend. Now I can not say what to expect, but I can say that you should definitely raise a stop order or use a trailing stop order so that the loss is not significant and you are left with a profit.
Trade closed: target reached
We reached the desired values and closed positions. Good luck!
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