DAX Potential Cup with Handle pattern

Currently we might set-up a cup with handle pattern in the DAX.

If we break out; my target would be 13,400 -13,450 (extrem scenario 13,550).

If we do not break out, I simply do not trade this pattern.

Zlecenie aktywne

Komentarz:

SL: 13,060

Zlecenie zamknięto ręcznie:

I close the trade manually. I was missing some momentum today when ZEW data was released. Also, there could be a push tomorrow, but right now I'm not sure if the push will last long.

I opened the trade at around 13150 with an SL of 13,060, this gives me more or less a profit of 100 points. This still provides a RR of 1: 1 (not my favorite).