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DAX 04-08 February

We are still waiting after last week for outcome from this price levels.

All week price keep in range slowly taking profits from last rally. Price still seems to be supported so next few days should help to determinate if market still have enough strength to break out from downtrend channel or we will see retest lower supports.

last week update : https://www.tecet.net/?p=4033

Buy setup:

Entry on solid breakout from trend line / retest confirmation

TP 11610/11730 this will open path to higher target 11915

option 2 entry on lower trend line or close possible  
TP 11430 

Targets: 10970 & 10730 plus 10600/460 in extension

1 Comment

  1. Pingback:DAX Index 11-15 February - Tecet

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