Deutsche Börse AG and a nice Trading Setup

LeoFinance
10 days ago
1 Min Read
254 Words

Deutsche Börse AG has formed a signal on the monthly chart

Today an interesting share from the Dax. The German stock exchange AG has run very well in recent times. Most recently, the 170 € mark was exceeded here but since then we are in a correction.
On the monthly chart, a sideways phase can be seen and this forms a bearish flag. A breakout on the downside is likely in this formation, but we will see that soon.

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The last highs and lows are the natural TPs here. Both points are far away to justify a trade, because the risk/reward ratio is very good.

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The PG on a monthly basis as a trigger point for the rally. The PG allows me once again a good opportunity for an entry. But first I want to see a confirmed breakout before I trade.
PGTrigger upsideTrigger downsinde
Monthly PG142.50€130€

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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