Cabana Capitals Blog Technical Analysis DAX 40 short term bullish trade setup to 19592.5996

DAX 40 short term bullish trade setup to 19592.5996

DAX 40 short term bullish trade setup to 19592.5996 post thumbnail image

The movement of DAX 40 towards 19592.5996 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

Supported by Upward sloping Moving Average

Target: 19592.5996 Entry: 19478.5 Stop: 19197.92

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post