This is a simple trade, with a good reward/ratio.
Technical
This four months channel has been very accurate. Yesterday there was a confirmation pull-back on the floor of the channel, so today it's a good day to go long. It's very similar to DAX30's chart, beware of correlation between your trades. Don't pay attention to the indicators, price action has always precedence.
Fundamental
Technical
This four months channel has been very accurate. Yesterday there was a confirmation pull-back on the floor of the channel, so today it's a good day to go long. It's very similar to DAX30's chart, beware of correlation between your trades. Don't pay attention to the indicators, price action has always precedence.
Fundamental
- The fear of a second wave is already discounted in prices.
- Europe already ended their hard confinement.
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During earnings season, stock markets lose their trends.