The index has been moving very nicely in recent days. I play it in an extremely technical way, thanks to which the effectiveness is high. Currently, I can see the channel shown in the picture on the H1 time interval. I expect a breakthrough to the bottom, but due to the optimistic data for Germany, I do not take it for granted. I marked the support which, after the break, will give us a positive impulse to hold short positions if we manage to enter earlier. If the channel breaks up, I will probably look for opportunities to go long. I haven’t talked about it before because it’s quite natural for me, but not everyone knows about it. During high volatility as English capital comes in, certain levels can break out, then I don’t take it literally as you can see. I usually wait around 30 minutes to make a decision.
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2021-04-09