DAX Triangle giving a strong Buy Signal.

2.5 months ago (see chart below), we issued a buy signal on DAX (DE40), which hit our 24600 Target within 2 weeks:

This time the price finds itself at the bottom (Higher Lows trend-line) of a 3-month Triangle. Every Bullish Leg of this pattern was confirmed after the price closed a candle above its 4H MA50 (blue trend-line), something the index did 2 days ago.

As a result, we turn bullish again here on DAX, targeting the top (Lower Highs trend-line) of the pattern at 24400.

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