Potential short on GER40 with a double top on the 15min.
There is negative rsi divergence which is one of the indicators I use to look for double tops.
Still waiting on further confirmation before I take the trade.
Risk/reward = 3.2
Entry price = 23 905
Stop loss price = 23 965
Take profit level 1 (50%) = 23745
Take profit level 2 (50%) = 23684
What do you guys and girls think the GER40 is going to do from here?
There is negative rsi divergence which is one of the indicators I use to look for double tops.
Still waiting on further confirmation before I take the trade.
Risk/reward = 3.2
Entry price = 23 905
Stop loss price = 23 965
Take profit level 1 (50%) = 23745
Take profit level 2 (50%) = 23684
What do you guys and girls think the GER40 is going to do from here?
Trade active
Trade opened.Trade closed manually
Trade closed. 15min candle closed above range. Took a very small loss on trade due to good risk management and following my rulesDisclaimer
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.
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.