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ThinkingAntsOk

On the way to the All-time highs zone / DAX

GERMAN STOCK INDEX (DAX) (TVC:DEU40)  
ThinkingAntsOk  
TVC:DEU40   GERMAN STOCK INDEX (DAX)
Trend Analysis Support and Resistance Multiple Time Frame Analysis DEU30 DAX Index dax30 germany30 swingtrading
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trendanalysis supportandresistance mtfa deu30 dax dax30 germany30 swingtrading
Main items we can see on the chart:

a) The price has been on a bullish trend since MARCH 2020

b) Currently, we can see the price outside the ascending channel

c) However, we do not consider it as a reversal signal yet

d) We expect the price to reach the next resistance zone (all-time highs) There we will pay attention for possible reversal or continuation patterns

e) Currently, we can see a small correction. (We expect a bullish resolution IF the price breaks above it)

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.