Market watch $DAX 1/17/2017

Every week a new trading opportunity! When you see a setup and you need support we are here! Never miss a good trade.

On our market watch, today is the DAX. The instrument has bounced from important short-term support 11400 and has made an intra-day reversal giving a chance for long trade with the small risk. RSI is supportive and the target upside could be 11850.

Possible trade strategy is to buy at the market with SL below 11400.

Happy trading! (click on the chart to enlarge it)

dax trend following strategy

 

For more long term views and top trading ideas for next get your Trading strategy report for 2017! 

Trading strategy report for 2017

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