Fineight

DAX analysis for 7.4.2020

Long
Fineight Updated   
EUREX:FDAX1!   DAX Futures
Good morning, folks!

After hitting 10 000 EUR yesterday on FDAX1! the price continues up very fast. The close yesterday was above the high from 25.3.2020 which confirms the breakout from the trading range and we are looking for some long opportunities. Buyers are breaking 10 410 at this very moment, so I am going long from a lower time frame.

Stay tuned for more updates and have a nice day!

FINEIGHT Team
Trade active:
Going long on the break out of 10 450 from M5 time frame. Profit target at 10 662,5 and stop-loss at 10 358.
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