649bruno

Deutsche Bank Bearish Call Follow-Up

بيع
NYSE:DB   Deutsche Bank AG
4
14 Days ago, with DB-3.59% at $18.02, I published a "Bearish Butterfly" formation I detected in Deutsche Bank. From Fibonacci extensions the downside projection was to $15.50 on or before April 12, 2016. Today (April 7th, 2016) DB-3.59% hit $15.54. I had positions in DB-3.59% Apr 15 2016 Puts, Strike Price of $20. I took profits because these puts expire in about a week. After the bearish butterfly pattern was detected, I followed the trade down using the Ichimoku Cloud , RSI , and Awesome Oscillator . The dotted black circles are the "teeth" in an alligator trade formation, and these remained down, as did the alligator lips and jaws. The Ichimoku Ki jun-Sen (thick black down-trending baseline) remained negative, as did the Ichimoku conversion (thick red) line. All indicators remained in a down trend. I hope this presentation has been helpful for you. Yours for better trading, Don.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.