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Long

DAX30- Buy above breakout

FX:GER30   DAX index of German listed shares
219 1 6
Major resistance -9530 (trend line joining 10164 and 9926)

Major support -9300

The index has made a high of 9554 and declined till 9348 from that level. It is currently trading around 9453.

It is facing short term trend line resistance around 9530 and break above will take the index till 9622/9797.

On the lower side minor support is around 9400 and break below targets 9300/9220.

It is good to buy above 9530 with SL around 9400 for the TP of 9625/9797

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Krasen
9 months ago
good job!
Reply
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