Germany 30
Panjang

DAX to find buyers at current market price?

GER40 - 24h expiry

Offers ample risk/reward to buy at the market.
Posted a Double Bottom formation.
Our short term bias remains positive.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
The sequence for trading is higher highs and lows.
The trend of higher lows is located at 19280.

We look to Buy at 19230 (stop at 19110)
Our profit targets will be 19530 and 19610

Resistance: 19350 / 19420 / 19567
Support: 19200 / 19100 / 19003

Risk Disclaimer

The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

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DAX Indexdax30de30GERMANY 30DE40Forexger40oandaSupport and Resistance

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