DE40 is in a bullish trend since the end of September. Price bouncing between a converging channel making higher highs and higher lows, recently broke through the ~15250 level and found support there but showing weakness as retested that level several times from the upside and RSI indicator make lower highs while price increasing. If price break below the support level and trend line and retest my first TP target will be 14900 the second 14550.
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Good look at the market. We are posting ours for comparison purposes:
TheCryptagon
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Very interesting view on the current price action. We analyze it also extensively on our idea, have a look:
Bravetotrade
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Congratulations and well done for sharing your first idea with the community. Hope you will be having great experience. Thanks for your contribution. From mod @Bravetotrade