Possible break out: symmetrical triangle

Symmetric triangle bearish continuation? Pretty hard to say, I am going to monitor it closely today.

İşlem aktif:

I am short since a couple of minutes. Tomorrow is a big day for the German automotive industry re the diesel emission. We will see another increase in the US interest rate. Of Course this is just my personal opinion and not an advise.

Yorum:

We broke the 4h resistance at 12.320 and 50% were sold at 12.290 with 140 points profit. Nevertheless their is still the chance that we might see further lows with targets around 12.100.

İşlem elle kapatılmış:

As written above TP 1 was reached and SL for TP 2 at 12.450 was hit.

TP 1: +140 Points
SL: -30 Points