DAX is trading inside a Channel Up and crossed today over both the 4hour MA200 and the Pivot Zone.
The 4hour MA50 is supporting (same with the RSI being on a Rising Support) and as long as it does, the Channel Up will be going for a Higher High.
Buy and target the 15700 Resistance but keep an eye for an RSI peak near 70.00.
Previous chart:

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The 4hour MA50 is supporting (same with the RSI being on a Rising Support) and as long as it does, the Channel Up will be going for a Higher High.
Buy and target the 15700 Resistance but keep an eye for an RSI peak near 70.00.
Previous chart:

Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.