TARGET Reached at 183.90 on Dassault Aviation With Dassault Aviation a Cup and Handle formed, price broke up and out of the Brim Level.
We had confirming indicators showing strong upside including:
7 >21 >200
Bullish bias
Target EUR 183.90 which it hit.
Now it looks like the price is going to retrace a bit, move sideways and create a new bullish formation to get into.
I'll let you know!
Dassault
DECISION ZONE & UPTREND SUPPORTS IDENTIFIED -DASSAULT DSY- DAILYThank you for you likes and shares! Much Appreciated!
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DSY DASSAULT SYSTEMES price have been bouncing several times on the pink decision zone. It is probably the best level for entry/exit in this market.
The blue uptrend line have experienced a strong pullback on it marking an amazing triangle with several elastic effects resulting in a break up above the decision zone.
Another shadowed uptrend line have found its existence and the market could use this invisible line to test again a rebound on it.
This chart helps to see this market in a simpler and uncommon way enhancing the logic behind price movements.