DAX on the 4h chart is moving in a descending channel below the 16000 level. The price is now trading below the upper trendline and after the test of the 50% of the Fibonacci level a bullish continuation can be seen.
According to Plancton's strategy the price will break above we can set a ice long order.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.