DAX INDEX (DAX): Confirmed CHoCH & Bullish Outlook
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.
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.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Related publications
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.