FxWirePro
Short

DAX Index forms Bullish Cypher Pattern, good to sell on rallies

FX:GER30   DAX index of German listed shares
473 0 5
Harmonic PatternBullish Cypher Pattern

Potential Reversal Zone (PRZ) - 11200

Any break above 11200 confirms minor trend reversal a jump till 11500/11671 is possible.

On the lower side minor support is around 10835 and break below will drag the index down till 10680 (trend line joining 9899 and 10489).

It is good to sell on rallies around 10950-11000 with SL around 11220 for the TP of 10490/10340
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