Long

InvestMate|DAX Prepare to rally higher

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๐Ÿ‡ฉ๐Ÿ‡ช DAX Prepare to rally higher

๐Ÿ‡ฉ๐Ÿ‡ช Referring to my last post on dax ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡
InvestMate|DAX time for a correction?


๐Ÿ‡ฉ๐Ÿ‡ช We are in a very interesting place where an upside breakout formation could take place.

๐Ÿ‡ฉ๐Ÿ‡ชAfter making a correction yesterday. At the opening of the session today, the dax index showed strength and a desire to continue the uptrend.

๐Ÿ‡ฉ๐Ÿ‡ช If today's breakout occurs, the way is open to the 13500 level, which was determined by the fibo grid of 0.786 of the last downward impulse.

๐Ÿ‡ฉ๐Ÿ‡ช In this situation the stop order would be below the 0.618 level of the same wave at 13125

๐Ÿ‡ฉ๐Ÿ‡ช The impulse sequence can look like this as I have drawn on the arrows
snapshot

๐Ÿš€If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.๐Ÿš€
snapshot

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