Deutsche Boerse DB1 - Continue to drop or reversal?

2023年1月6日

DB1

Using HeikinAshi candles and daily TF on Deutsche Börse shows that DB1 movement is in good agreement with ma (9-60) and rsi. Each price drop (from start until rsi reversal from 30) usually takes 13 to 70 bars. Currently we are at the 23th-bar.
Due to current doubts in market, it can continue to drop and test both support 1 and 2 but the recent observation shows that it is also a good point for its reversal.
Next few days are critical for DB1 to show if it continues to drop or reverse.

2023年1月10日

交易开始

DB1

It seems that is was a reversal although the fed speech in at 15:00 and the uptrend market can be the January effect.

I do long on DB1 with 2.3% win and risk-reward of 1.5

2023年1月19日

交易结束：到达目标

target has been reached. 5% profit in 9 days.