DE40 30m analysis. Another signal!
Updated
Hello everyone i want share my idea about DE40.
After big bullish movement DE40 start downside movement which broke uptrend trendline now DE40 gave us perfect high to entry short position, on low timeframe it had strong rejection then it came second time and we got strong rejection twice.
Open position - 15950
Stop loss - 16100
Take Profit - N/A ( I will follow trend with trail stop loss )
Good luck everyone!!!
Manage your risk!!!
After big bullish movement DE40 start downside movement which broke uptrend trendline now DE40 gave us perfect high to entry short position, on low timeframe it had strong rejection then it came second time and we got strong rejection twice.
Open position - 15950
Stop loss - 16100
Take Profit - N/A ( I will follow trend with trail stop loss )
Good luck everyone!!!
Manage your risk!!!
Note
i was right at this trade. i will wait new high for trail my stop loss.
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