FxWirePro
Long

DAX30 breaks major resistance 10000, targets 10400

FX:GER30   DAX index of German listed shares
294 1 7
Major resistance – 10000

Major support – 9800 (7 day 4 H EMA)

The index has recovered after making a low of 9396. It is currently trading around 9950.

DAX30             is facing major resistance around 10000 and any break above will take the index till 10200/10410 in short term.

On the lower major support is around 9800 and break below targets 9660/9597.

Short term weakness only below 9300 level.

It is good to buy above 9980-10000 with SL around 9800 for the TP of 10400
SamiKetonen
8 months ago
It went above 10000 for a moment, so is trade active? So do i hav to wait that 1h candle closes above 9980?
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