DAX30
Time Frame: H4
Pattern: Triangle
Facts :
* Finds support and makes a double bottom at 11400
* Price closed above EMA 50
Trade Opportunity: Buy the potential breakout of the triangle as shown in the chart.
Estimated breakout level: 11563 - Confirmed by MM 2/8
Targets: 11710 and 11820
Invalidation Level: Below double bottom 11400
Aggressive Traders: May long at the current level with the same stop loss
Good Luck
Time Frame: H4
Pattern: Triangle
Facts :
* Finds support and makes a double bottom at 11400
* Price closed above EMA 50
Trade Opportunity: Buy the potential breakout of the triangle as shown in the chart.
Estimated breakout level: 11563 - Confirmed by MM 2/8
Targets: 11710 and 11820
Invalidation Level: Below double bottom 11400
Aggressive Traders: May long at the current level with the same stop loss
Good Luck
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