Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Ascending channel : testing new highs ?
Germany 30
Long
Ascending channel : testing new highs ?
By hex0x40
Follow
Follow
Updated
Feb 27, 2017
1
1
4
4
Feb 27, 2017
We are entering inside a warning zone, so, we must take care (eventual trade cancellation).
I'll keep you updated about new observations.
Feb 27, 2017
Note
We got back inside ascending channel. Meanwhile, we are still within the defined "warning zone".
Feb 27, 2017
Note
We need to stay cautious but a breakout appeared above the resistance of the ascending triangle :
<img>
tradingview.com/x/h6DhXrWo/</img>
Feb 28, 2017
Note
Price is riding within "warning zone". Stay cautious.
Feb 28, 2017
Note
Too risky. Close at breakeven.
Feb 28, 2017
Trade closed manually
Mar 1, 2017
Note
It was a nice setup, in fact :)...
Mar 2, 2017
Note
DAX hit the top of the defined ascending channel. Time to consider idea suggested by PSVert :
DAX Index
dax30
dax30long
de30
GERMANY 30
hex0x40
Follow
Related publications
BreakOut ahead?
by The_Cannalyst
Short term pullback likely
by Dude1913
GER30
by VitalyKaminsky
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.