DBK trade ideas
Now close your position As we said at the next green candle after the succession of many reds candles you cut your position for this day.........Thank you!!! God bless...
Important to know!! how to get out of position???Just to say that at the next green candle with a large volume you can close your position. Why? In effect, We are a downtrend with a succession of many reds candles so we can see on the chart. This is my suggestion for money management.....Thank you !!!!
SPRING EFFECT ON DBKAs we can see on the chart we have a good spring effect on the vwap indicator so good probability of downtrend....!!! Thanks.
Summary on DBK. Money management.At the next red candle with a large vulume you can exit the market because at this moment the sellers want to come small small. Thanks.
Good opportunity of buying on DBKOn DBK we have a good opportunity of buying. In addition, buyers are above the vwap indicator so this comforts us in our position. Thanks.
DBK - DEUTSCHE BANK DBK - DEUTSCHE BANK
Strong Support of 10.700.
Trendline Support.
Looking for a Long Trade.
Deutsche Bank is ready to go Finally falling trend ended.
2 options :
Cup and handle target is confirmed and ready to go to TP1, 12.95.
Fibonacci says we'll go to TP2, 14.40
SL : 6.7
DB LongTrendline Break
At Support Zone
Entry 13.4
Stop 11.4
Target 20
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Deutsche Bank - I believe in this terrible bottoming.Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 11.420 EUR
Get ready to earn a 12% profit from trading banking stocks!
Get ready for a long position! Since bearish short-term is strong only enter a short position if a weak bearish or a bullish daily candle come into being in next few days.
Beyond the technical: (do your analysis, I’m not educated in the case of fundamental analysis academically)
Fair Price to Intrinsic Value: 0.66 which is a great score!
To summarize my fundamental opinion on this stock:
Great ( Super bullish )
DB retesting a big resistance levelIf this 161 failed to be support and instead becomes resistance, this has potential to turn into a really ugly short trade in DB. Only one of many sketchy bank setups...
What's up with Deutsch Bank ($DB)I drew this setup about 10 weeks ago and since everything worked as planned so far I decided to share it.
DB is in a symmetrical triangle (weekly/daily chart) or maybe even in a falling wedge. The previous trend was bullish, nice HH (higher highs) and LLs (lower lows), what gives rise to the idea, that there could be a bullish breakout. The BO is confirmed, if this weeks candle closes outside the formation. Most likely this weeks candle will have a small to medium upper wick, since it is approaching a certain type of resistance, called a Order Block (OB). OBs are similar to support and resistance areas. After hitting this OB we will most likely see a retracement in price back to the purple area (area of interest/ buy area), where I will enter my first long position. My S/L is beneath the grey resistance zone. My TP is at the end of the black arrow, I choose to exit there because there is a major resistance and it is a very relevant area.
To me this sounds like a tempting well thought through trading idea.
But remember: use proper risk management and be responsible.
As always: no financial advice
