MrThomas

BASF - update (last Oct. 22nd)

FWB:BAS   BASF SE NA O.N.
okay guys. this an update from october the 22nd (www.tradingview.com/.../BASD/6mSDrt3X-BASF/). now we have finish the impulse for the first and we can look for an update. in this chart we have a bar construction like a trendchange. it's important to know how it works. let us look the chart.

we have two lines. one is red and one is blue.

is the redline the first triggerpoint, so we look at the price at 89,2 €. normally should there the trendchange starting. the stopp loss is at 97 and we going out from this trade at 91€!!! IMPORTANT!!!

let us watch the blue line. is the blue line the first triggerpoint at a price at 85,6 so we take a call with a stopploss by 80€ and going out from this trade at 84€. also IMPORTANT!!!

in the chart we have a green and red full color rectangle. the green rectangle is the finish point for the guys whose token a call at 69€ or lower. the red rectangle is the stopploss or the NO RETURN POINT! is the price below this this rectangle is the price going down to neverland ;)i hope u understand and what i mean.

for the last. if the price at 97 € i'll give an update!

good trades!
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