DAX: Symmetrical Channel Up after monthly support held. Long.

By InvestingScope
The 11,050 1M support was defended and the 4H Channel Down broke to the upside. A price above the 0.500 Fibonacci mark (11,750) is needed to restore the medium term 1D bullish bias to the index (CCI = 24.4993, Highs/Lows = 0.0000, B/BP = 36.1820 already). We remain long with TP = 12,000 & 12,100 in extension.
Chart PatternsDAX Indexdax30GER30 CFDgermanindexgermany30Technical IndicatorsTrend Analysisxetraxetradax
InvestingScope
Telegram: t.me/investingscope
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

Disclaimer