FrankieTheBull
Long

DAX bounce at falling ATH trendline/demand zone

FX:GER30   DAX index of German listed shares
If you follow xetra you know insitutionals turned BULLISH this week. That means they are looking to buy, but current price is too expensive. The dip we saw at 10250 is in a demand zone 10260-10212. DAX             failed tho break through the demand zone and thus remains bullish . I am long from 10252 with a target of 10600 atleast. On monday we are looking to fill the volume vacuum left by the drop from 10366 to 10250.
Going as planned so far, #DAX filling in the volume vacuum left on friday.
Reply
RazaAbdur
2 months ago
what timeframe is your chart above?
Reply
FrankieTheBull PRO RazaAbdur
2 months ago
Hourly
Reply
Aaaaaand we're there! Target reached on four days :)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out