MIchaelTran

Ger30:Technical analyis review

FX:GER30   DAX index of German listed shares
169 2 4
How to calculate
Bullish Rectangle: T= R + H
where:
T - target price;
R - resistance level (pattern's top)
H - pattern's height (distance between support and resitance).

Bearish Rectangle: T = S - H
T - target price;
S - support level (pattern's low);
H - pattern's height (distance between support and resistance ).

Note: apply for trend continuation only.
MIchaelTran
2 years ago

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updated chart for track work only.
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MIchaelTran
2 years ago
snapshot
Reply
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