Three falling peaks
I see a 3 falling peaks formation. Also I see a falling wedge in the mid term, but for now we are still bear in this index confirmed by the Stoch RSI + RSI. For this trade EP 100.34 SL 100.624 TP 1 99.450 and TP2 for the 3 falling peaks formation at 98.712.
Note
Be aware that the 3 falling peaks should be seen in the Day frame.Trade closed: target reached
Great trade ... closed manuallyTrade closed: target reached
TP2 reached
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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.