BogdanUng

DAX on medium and long term

BogdanUng Updated   
XETR:DAX   DAX Index
We can see on the H4 chart that we have a bullish trend , a divergence that could end on the trend line and after that, it is possible to start the bullish move.
On the D1 chart, we can see that de DAX have the last maximum that didn't break it, so we can wait till it breaks and after that look for some buyers to push the price up.
Comment:
Comment:
Looks like we have a bullish engulfing on H4, we can expect a bullish move from now.
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