Chartster
Long

Still Bullish on DAX

FX:GER30   The DAX Index
Price hit the Primary TL as expected, took a nice short from 11700 catching just over 300 pips. Waiting with anticipation for the open to see where price is, looking for good long position with stops placed under 11400. The current bullish TL hasn't been broken yet since the last major sell off from last year. Indicating it will probably hold once again. Looking forward to Monday... conversely if the TL is broken expect a major selloff, however I think this will be very unlikely

short-term target 1

Long-term target 2 - in confluence with fib level drawn from the all time highs to the lowest low
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