DAX Buy Signal

Pattern: Channel Up on 1D.

Signal: Buy as the price entered the 1D MA50 (blue trend-line) - 4H MA300 (yellow trend-line) Buy Zone. This has initiated a rebound twice within the Channel Up. Also the RSI is on its 4 month Support Zone and the MACD close to it.

Target: 15500 (Resistance) and 16200 (Higher High) in extension.




** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **

--------------------------------------------------------------------------------------------------------

!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!

🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala

--------------------------------------------------------------------------------------------------------