On Friday TecDax favorite Sartorius AG underwent a fail breakout. So I will follow the short consolidation up to the FIB level representing the lower line of the symmetrical triangle. I assume that strong resistance may likely hold a third time, so that risk for loss is acceptable.
To cover the trade, I used a put KO 1.31% warrant with a leverage of 7.
To cover the trade, I used a put KO 1.31% warrant with a leverage of 7.
Note
Trade is still active. Strong resistance today. I hope that it will start dropping tomorrow.Note
Leverage is a burden, but I keep holding and hoping for reversal to breakeven.Trade active
Trade closed manually
Trade failed.
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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.