DE40 Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the DE40 / GER40 "Germany40" Index Market Heist. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk ATR Line Zone. It's a Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ๐๐ธ"Take profit and treat yourself, traders. You deserve it!๐ช๐๐
Entry ๐ : "The heist is on! Wait for the Crossing previous high (22600) then make your move - Bullish profits await!" however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries. ๐I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss ๐: "๐ Yo, listen up! ๐ฃ๏ธ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout ๐. You feel me? Now, if you're smart, you'll place that stop loss where I told you to ๐, but if you're a rebel, you can put it wherever you like ๐คช - just don't say I didn't warn you โ ๏ธ. You're playin' with fire ๐ฅ, and it's your risk, not mine ๐."
๐ Thief SL placed at the nearest/swing low level Using the 4H timeframe (21700) Day trade basis. ๐ SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
GER40 Good morning. It's creeping up slowly. Don't like it. Sold before the the close of the 1st 1h bar at 22425 and got some points when it retraced down to the opening price at 22360.