CNL

Dax possible scenario

XETR:DAX   DAX Index
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Dax manage to break the channel and stay above it,a retest and consolidation above it can send the index to 12950 zone. Buy @yellow zone and Sell @red zone
Comment: 12420 was a good entry for bulls today,since 390 provide good support above green line. A break through 520 will open the way for 580-650 ,the next points for pullback
Comment: Short 505 with tight SL,profit and buy zone 390-260
Comment: wait for test redline at 12470 to enter long with tight SL,target 12950
Comment: 12390 is next entry point, SL 12300, TP 12950
Trade active
Trade closed manually: Waiting for 12250-280 to enter again
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