Germany 30
Long
Updated

Ascending channel : testing new highs ?

243
We are entering inside a warning zone, so, we must take care (eventual trade cancellation).
I'll keep you updated about new observations.
Note
We got back inside ascending channel. Meanwhile, we are still within the defined "warning zone".
Note
We need to stay cautious but a breakout appeared above the resistance of the ascending triangle :
<img>tradingview.com/x/h6DhXrWo/</img>
Note
Price is riding within "warning zone". Stay cautious.
Note
Too risky. Close at breakeven.
Trade closed manually
Note
It was a nice setup, in fact :)...
Note
DAX hit the top of the defined ascending channel. Time to consider idea suggested by PSVert :
Short DAX

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