06/03/2015 Trade enter 50 BASF short

BASF is at all time highs.

60 min MACD is overbought and on the upper bollinger band.

30min MACD is overbought and over the upper bollinger band.

Might have been better to wait till 15 minutes up trend is broken.

                                     

Trade setup is below:

Deutsche Telekom hit the all time high resistance again so increased the short position once more as 30 min MACD is overbought and turning negative.

Open trades are below: