As DAX posted a major daily bullish pin bar, strengthened by the bounce from previous lows (important support) we think that the price will move higher over the next days. Thus, we are initiating a buy stop order, slightly above today's highs.
Not
As the Wall Street open is clearly bearish today, we are moving our stop loss to 13,130 EUR to halve or potential loss.
Not
The price failed to hold today's gains, thus we are rather exiting the trade at BE. Better safe than sorry.
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