DAX for a few last weeks stays in range 12850 - 13200. In the last sessions it was trying to go upper but all attempts of break out over 13200 failed. Today we had a big drop at DAX and price is at bottom band of range. There price has stopped and more active buyers here try to push price upper. We also try to catch correction movement and have opened buy order at 12894 with target at 13166 and stop at 12761 so we have Risk to Reward ratio 1:2. There are a lot dangers to our long trade of the world policy area especially situation at North Korea, so we will try to quick move Stop Loss to Break Even if it will only be possible.
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Stop moved to Break Even
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Closed with small profit.