DAX is trading inside a Channel Up since the October 15th 2024 High.
Since March 11th 2025 it is on a MA200 (4h) rebound and the last time it did so was on January 13th 2025.
It then initiated a +9.12% rebound, which throughout the Channel Up pattern, has been a quite common bullish wave.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 24200 (+9.12% rise from the MA200 low).
Tips:
1. The RSI (4h) has print a Channel Up pattern that is seen on the last three major Lows of the pattern. Strong bullish signal.
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Since March 11th 2025 it is on a MA200 (4h) rebound and the last time it did so was on January 13th 2025.
It then initiated a +9.12% rebound, which throughout the Channel Up pattern, has been a quite common bullish wave.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 24200 (+9.12% rise from the MA200 low).
Tips:
1. The RSI (4h) has print a Channel Up pattern that is seen on the last three major Lows of the pattern. Strong bullish signal.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
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Disclaimer
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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Disclaimer
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.