DAX - Positioning to buy a dip
[Buy Limit] GER30 is Bullish - We look to Buy at 12110
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ Trading within a Bullish Channel formation.
▪️ Bespoke support is located at 12110.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 12110, resulting in improved risk/reward.
▪️ Expect trading to remain mixed and volatile.
Stop: 11980
Target1: 12575
Target2: 12800
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ Trading within a Bullish Channel formation.
▪️ Bespoke support is located at 12110.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 12110, resulting in improved risk/reward.
▪️ Expect trading to remain mixed and volatile.
Stop: 11980
Target1: 12575
Target2: 12800
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