DAX price still seems to exhibit signs of potential bullish continuation (during the current post election period) as the price action may form another credible Higher Low with multiple confluences from key Fibonacci and Support levels.
Trade Plan :
Entry @ 22653 Stop Loss @ 22014 TP 1 @ 23292 (Before All Time High) TP 2 @ 23931 (After All Time High)
Move Stop Loss to Break Even if TP1 hits.
Trade closed: target reached
0.9 RR achieved close half and set Stop Loss to Break Even to target TP 2 around 23900 Zone.
Note
Book Full TP1 Close trade. It's secular Bullish but the retracement might break even us. Will reattempt on good retracement again
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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.