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🐮 Longs on DAX as a day trade

DAX finally approaced a level and formed a decent pullback on its short-term charts which gives us reasons to go long.
Specifically price has hit the 38.2% of the recent high/low play of the current price moves, which is a trigger for buy for our "pullback trading system".
In about 2 and a half hours we get the important PCE data from the US, which measures inflation and that is the current market theme right now in the financial world, the Eurozone CPI data came out higher, meaning inflation is rising but so did the GDP.
Based on our study of inflation, indices tended to go up with higher inflation.
Specifically price has hit the 38.2% of the recent high/low play of the current price moves, which is a trigger for buy for our "pullback trading system".
In about 2 and a half hours we get the important PCE data from the US, which measures inflation and that is the current market theme right now in the financial world, the Eurozone CPI data came out higher, meaning inflation is rising but so did the GDP.
Based on our study of inflation, indices tended to go up with higher inflation.
交易结束:到达目标
Take profit has hit, but we still expect bulls to be in play on indcies免责声明
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。