Update: Bullish Flag good for further 650 Dow-Points?
Is the bullish Flag good for further 650 Dow-Points? Trading below 18.250/ 18.050 will question the flag
Comments and other ideas are Welcome -Agree or Disagree Regards Mary
Main View: H&S - good for 2.400 points or 13,5%?
Possible LongtermTarget: 21.250
What can we see? In the long run, we see a huge bullmarket since 03/2009. Since 08/2015 the market consolidates very volatile. The consolidation range reached from 15.400-18.000. The last bottom test earlier this year, formed a clear double bottom - the result was an exploding market which skyrocketed round about 2.700 Points! Since 04/2016, this massive trend consolidated - a shortterm sideways market appeared. Should the market test again the Niveau above 18.000 - a H&S-pattern would be formed. The target of this pattern is good for 2400 Points - 13,46%. Below 17.000 Points, ist getting more and more risky.
บันทึก
บันทึก
reached the bottom of the flag = action point
บันทึก
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
reached H&S target
บันทึก
บันทึก
next upmove ahead?
บันทึก
บันทึก
บันทึก
ปิดการเทรด ด้วยตนเอง
my lovliest trade... :-9
บันทึก
it was not the badest idea to Close it manually.....let`s see how deep the consolidation will dip