This is a trade idea for the German Dax market. Price this morning has reacted off yesterday's high thus confirming the double top reversal.
My trade idea is now enter a position long on a breakout of this pattern with my entry price above the pivot level as marked on the chart.
I'm looking for a clear breakout of this level and a strong push up back into the...
TVC:NDX
This is a resistance level that I've marked up on the hourly time frame on NDX. It's a DT short reversal trade with a 40 stop and 60 target and then a trailing stop on the remaining part of the trade.
So I'm just marking up really clear and obvious levels of support and resistance starting on daily charts. NZDUSD looking really obvious to me with a slight descending trend line and a couple of horizontal resistance lines.
I've marked up a trade that I've placed with my broker waiting to see if the levels get tested again.
