Germany 40
Long

DAX formed the 1st Golden Cross in 3 months.

114
DAX completed a Golden Cross pattern on the (4h) time frame, the first such occurrence since January 10th.
The RSI (4h) has pulled back considerably, harmonizing the overbought conditions of last week.

Trading Plan:
1. Buy on the current market price and as long as it stays over the MA50 (4h).

Targets:
1. 16000 (+11.00% rise).

Tips:
1. RSI (4h) is copying the bullish leg of of December 16th-January19th. Some room to pullback more and off a new High.

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Notes:
This is a continuation of this trading plan:

DAX Double Buy entry

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