The long term pattern on DAX is a Bullish Megaphone.
Since February though it has been trading inside a Rectangle pattern, offering buy low / sell high opportunities.
Rectangle trade is a buy with Target 1 = 15700.
Megaphone trade is a buy over Resistance A with Target 2 = 16280.
Since February though it has been trading inside a Rectangle pattern, offering buy low / sell high opportunities.
Rectangle trade is a buy with Target 1 = 15700.
Megaphone trade is a buy over Resistance A with Target 2 = 16280.
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