Japan 225
Long

DAX INDEX (DAX): Confirmed CHoCH & Bullish Outlook

164
I spotted a clear change of character(CHOCH) on the 4-hour time frame of the 📈DAX chart.

The market is currently trading in a strong bullish trend and has broken through a minor bearish trend and a key horizontal resistance level.

It is expected that the market will continue to move upwards, with the next resistance level being at 39,555.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.