Stilster

Classic flat top with a 22% potential

Long
Stilster Updated   
OMXCOP:DANSKE   DANSKE BANK A/S
Danske Bank looks to be moving nice in a flat top pattern, now consolidating. I’d like to set my buy orders on 101-102 for a potentionally safer investment. Take a look at the eclipses highlighted in green. Strong interest here at this level. A break below is probably bearish. Good luck and hope you find my analysis interesting. Reminder, these are my trades alone, just sharing, invest on your own risk.
Trade active:
Got entry on 101,5.
Looks perfect on chart, not but markets are shaking. Evergrande will become a meme - I believe it is inevitable that government will bail out or something magical will turn around and then the Evergrand meme is created. But look out for break below.. will not hold then.
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Comment:
Looking a potential retrace from 109-110,- on chart:


Update on «NeverGrand»
Soon a meme, magical things happen all the time. China FUD
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Pretty textbook…
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Target reached? Dont get greedy, natural retrace here soon
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