Germany 40
Long

DAX strong bullish conditions. Targeting 24200.

109
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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