InvestingScope

DAX: Channel Up on 1D. Long.

Long
XETR:DAX   DAX Index
The index has been trading within a strong recovery Channel Up on 1D (RSI = 59.688, MACD = 74.500, Highs/Lows = 85.2929, BB/P = 251.0418) since the December bottom. Although the technical target is the 11,550 Resistance and potential Higher High, since the upside is clearly slowing down on a Rising Wedge, it is best to but and settle for a lower TP at 11,400.






** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.

Telegram: t.me/investingscope
www.investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.