MonsterOptions

GER40 (DAX40) Weekly Gann Analysis. Will it BREAKOUT?

Long
CAPITALCOM:DE40   Germany 40
DE40 Falling Wedge Pattern (Weekly)

The index is testing resistance of the falling wedge once again for 5 weeks in a row.

Weekly candle close above 400 will indicate a breakout from the downward trend with a target of 16,200 if the breakout sustains.

Good Luck!

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