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Nov 11, 2018 7:43 AM

DAX30 Index Potential Bullish Triangle Breakout  Long

Germany 30OANDA

Description

DAX30

Time Frame: H4

Pattern: Triangle

Facts :
* Finds support and makes a double bottom at 11400
* Price closed above EMA 50

Trade Opportunity: Buy the potential breakout of the triangle as shown in the chart.

Estimated breakout level: 11563 - Confirmed by MM 2/8

Targets: 11710 and 11820

Invalidation Level: Below double bottom 11400

Aggressive Traders: May long at the current level with the same stop loss


Good Luck
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