Ger40 Index - The BUY after the sell (1:7 R:R Trade)
Last night we sold the GER40 index to earn 4.72% in one trade.
We are now seeing consolidation to buy this pair.
1) It is with the trend.
2) There is a shark pattern
3) H1 divergence is present
As much as it is tempting to go in now, we will wait for the 22,380 level to hit and execute a buy as the pair is short term bearish.
The targe is the high of yesterday.
We are now seeing consolidation to buy this pair.
1) It is with the trend.
2) There is a shark pattern
3) H1 divergence is present
As much as it is tempting to go in now, we will wait for the 22,380 level to hit and execute a buy as the pair is short term bearish.
The targe is the high of yesterday.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.