DFL Intraday Breakout on 15 Minutes
Possibility 1:
As it seems to look like Inverted Head and Shoulder with Double Bottom. Why Double Bottom? As we can see consolidation after 12:15 PM, and ATR is also quite Weak. It might go down for previous Bottom of the chart. Then it will go up to test the Resistance 335.60 and come back to 335.60 and then will all power it'll break all the Resistance for the Ultimate Target of 342.50.
Possibility 2:
It will simple go up, and if it breaks the resistance between 335.60 to 336.60 for the target 342.50.
As it seems to look like Inverted Head and Shoulder with Double Bottom. Why Double Bottom? As we can see consolidation after 12:15 PM, and ATR is also quite Weak. It might go down for previous Bottom of the chart. Then it will go up to test the Resistance 335.60 and come back to 335.60 and then will all power it'll break all the Resistance for the Ultimate Target of 342.50.
Possibility 2:
It will simple go up, and if it breaks the resistance between 335.60 to 336.60 for the target 342.50.
Penafian
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