TheVortexTrader

Swing Trading Setup For The DAX 30 – Falling Wedge Pattern

Long
OANDA:DE30EUR   Germany 30
Hi Traders,

Having a look at the DAX30 on the Daily.

We see a potential falling wedge with accompanied divergence across the MACD .

I would like to see a break and retest of this pattern before jumping in.

This is the daily time frame so this would be quite a long swing position.

It's all about patience haha.

Let's see how it plays out.

My target would be previous daily resistance.

Enjoy your Monday!
The Vortex Trader
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.