TradingShot

DAX Bullish fractal

Long
EUREX:FDAX1!   DAX FUTURES
Pattern: Channel Up on 1D.

Signal: Buy as long as the 1D MA50 holds or if the Channel Up breaks upwards. The pattern resembles the Nov 2020 - March 2021 Channel.

Target: 16500 (the 2.0 Fibonacci extension ).



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Comments

Clean chart and detailed analysis. Thanks for sharing your insights.
+1 Reply
awesome chart breakdown, good job!
+1 Reply