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SCOUT24 SESCOUT24 SESCOUT24 SE

SCOUT24 SE

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G24 trade ideas

Scout24 oversold and time to close the gapFollowing my strategy I always check for at least 3 out 5 signals to get confluence. 1. Trend are we bullish (50 MVA over 200 MVA) or bearish (50 MVA below 200 MVA) plus trend lines 2. Structure (support and resistance zones) 3. Divergence 4. Pattern (Double Top i.e. or similar) 5. Fibs Scout24 shows me a reversal of the up trend coming. We see strong structure and also divergence. I expect a double top to see which is also break and retest of the trend. I would set TP1 at 66.4 and TP2 at 62 because there is a gap to close. As always follow your own strategy and set SL carefully.
XETR:G24Short
by rko1983