Hello traders,
DAX is trading bullish since March of 2020. We see four completed legs within a bigger impulse, with price specifically trading out of a triangle in wave IV. We see a sharp rally from the 12852 level, which is accompanied by a break above the triangle line, which is a strong indication that bulls within a wave V can be on the move. As such, be aware of further upside on DAX, which can be aiming for 14500/15000 region.
DAX is trading bullish since March of 2020. We see four completed legs within a bigger impulse, with price specifically trading out of a triangle in wave IV. We see a sharp rally from the 12852 level, which is accompanied by a break above the triangle line, which is a strong indication that bulls within a wave V can be on the move. As such, be aware of further upside on DAX, which can be aiming for 14500/15000 region.