hex0x40

Ascending channel : testing new highs ?

Long
hex0x40 Updated   
OANDA:DE30EUR   Germany 30
We are entering inside a warning zone, so, we must take care (eventual trade cancellation).
I'll keep you updated about new observations.
Comment:
We got back inside ascending channel. Meanwhile, we are still within the defined "warning zone".
Comment:
We need to stay cautious but a breakout appeared above the resistance of the ascending triangle :
Comment:
Price is riding within "warning zone". Stay cautious.
Comment:
Too risky. Close at breakeven.
Trade closed manually
Comment:
It was a nice setup, in fact :)...
Comment:
DAX hit the top of the defined ascending channel. Time to consider idea suggested by PSVert :
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.