03/04/2023
Hello traders!I hope you had a happy profitable trading week so far like our V.I.P members!
Let’s see the trade on the DE40 (DAX) trade…
DAX after it’s upside run and the recent lack of momentum had been consolidating in a range between 15.220 and 15.655.A clear bullish divergence, the buyers’ appetite with the wicks in previous support plus our trading strategy rules for a ranging market gave us a perfect long opportunity.
Entering in the above trade with 1:3.3 risk reward ratio and capturing profits at 15.595.We took profits because we don’t want to have open positions during weekend when at the macroeconomic level there are so much going on.
The long trade on DE40 has already published in our V.I.P members group!
DAX TRADE WAS:
ENTRY AT 15.250 AREA
TP: 15.600-15.650 AREA
STOP LOSS AT 15.150 AREA
RISK/REWARD 3.3
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