Is the rally over ? Could be...

Singkat

GERMAN STOCK INDEX (DAX) (TVC:DEU40)

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TVC:DEU40 GERMAN STOCK INDEX (DAX)

After the extended bear market rally that we just had, i believe we are due for one more leg down based of recent economic datas & seasonality

Stop loss is very tight as I do not want to be caught on a leg up

I am expecting a lower low, but will place the take profit just above the recent lows, in case they are not taken

Cheers

Komen:

the Trigger is the SFP on the H1

Komen:

remember : price action is fractal

Komen:

some H1/H4 reaction in the area this morning. Let's see if we can get further out the entry point this week

Would cut if it closes above 14700 on the daily

Komen:

*BOOM*

Komen:

fully OUT at BE after 1st tp. very strong reaction from European indexes

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