Thyssenkrupp AG (TKA - DAX) - sell for 5th wave down

2020년 4월 25일

Thyssenkrupp AG (TKA - DAX) is in downtrend. The 5th wave down shown in chart is in progress. Sell below 5.34 after breaking down that level with stops above 5.75 for new low as target. It is much under-performer to DAX index.

2020년 5월 10일

거래청산: 스탑 닿음

2020년 5월 10일

노트

4th wave completed where stops taken out. and then start going down as expected. It calls for new entry.

2020년 6월 6일

노트

The structure turned out to be a ABC rather than throught of impulse.

What I learn:
1). Always have a bigger time frame clear count before any trading.
2). Market direction is more important in trading.