DAX Bullish Continuation (Potential New ATH After Elections)
DAX price seems to exhibit signs of overall bullish continuation as the price action may form another credible Higher Low on key Fibonacci levels.
There might be a possibility that DAX may break it's All Time High Price of 22938.
With the German elections coming up, (given a pandemic free situation of the world), it might be worth observing price the action further if 22938 breaks. A potential break may be indicative of another top OR a prominent new high.
Trade Plan :
Entry @ 22240
Stop Loss @ 20980
TP 0.9 - 1 @ 23374 - 23500
There might be a possibility that DAX may break it's All Time High Price of 22938.
With the German elections coming up, (given a pandemic free situation of the world), it might be worth observing price the action further if 22938 breaks. A potential break may be indicative of another top OR a prominent new high.
Trade Plan :
Entry @ 22240
Stop Loss @ 20980
TP 0.9 - 1 @ 23374 - 23500
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.
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.