SergeantPringles的FX:GER30的GER30 - 5m - Shark Confirmation

GER30 - 5m - Shark Confirmation

We saw a Shark on the 2H, but i didnt want to trad it plain because the impulse leg was a big forced.now we saw an impulse from the PRZ breaking a trendline. after the impule we are now forming a flag down. if we break this to the upside , then im looking to buy

交易進行

rough target setup. tg2 might change over the cours of the trade depending on what ratios emerge

註釋

since i cant take any profits at the 88.6 bat pattern completion i will be addin a short position as a hedge.

註釋

hedge active. tg1 9270 for 1:1; tg2 9242, few points b4 the 618

註釋

hedge stopped out. pursuing my long

註釋

Target 1 hit. stop slightly above breakeven below the recent consolidation

註釋

Rest stopped out for a few pips of profit after breaking below the recent swings.
we can however still look for a reentry if this flags shapes up as one an we break above.

this is only viable ofc, as long as we dont totally break down from here

交易進行

Bought the addon breakout yesterday(well not technically an addon any more bc i got stopped out by a a few points on my original breakout - mabye pulled the stop up a little bit too much - but anyway)

nonetheless still long, and on the way to tg1 now after the market upgap.

註釋

tg2*** ofc.

交易結束：目標達成

"TG2" reached.
i might look for a hedge based on the bat pattern completion, but im not goin to trade this plain, only with confirmation
stops for TG3 breakeven.

註釋

stops pulled below recent swing(orange line)
and im further looking for an addon long if we can break out of this flag to the long side
targets would be a retest of todays highs and target 3 zone

註釋

i think that makes no sense, im leaving for the weekend soon anyway, and i dont wanna hold over the weekend. so im takin everything off either at daily high retest or if we break the orange line. no TG3

交易進行

last addon for this setup ative and stop already breakeven due to nice followthrough. lets hope the momentum can drive us to the retest of the daily highs, where all my remaining targets are