DAX / H1 : Reaching end of impulse, soon to retrace.

DAX is reaching wave 5 of what seems to be a first bullish impulse. Which means that we should have a deep retracement between 50 to 85% in order to buy again ahead of the trendy wave 3 that should come right after. DAX is definitely bullish so there's no point shorting the corrective with leverage. It's only for experienced traders and in order to pay for the forthcoming call's stops.
I will enter with a signal near the reversal zone identified, or if the price breaks down the trend channel with a candle reversal pattern on the peak.

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Zlecenie aktywne:

Reaching activation zone.. Signal just came in (need confirmation at candle close). I shorted some DAX