How To Trade A Bullish 2618 Setup on the GER40

A walkthrough of the 2618 Trading Strategy which is a secondary or more conservative way to enter a double top/bottom. In this case, due to the overall directional analysis of the Dax, this also might be a good opportunity to hop on a pullback for a larger bullish trend continuation trade.

2618 RULES

Step 1 - Look for double top or double bottom.

Step 2 - Wait for violation of peak.

Step 3 - Look for pullback into a minimum 61.8 Fibonacci retracement.

Hope you guys have a great week of trading and remember to let me know which profit target method you think you would go with.

Akil