Trade of the Day DAX

DAX is retesting the broken rectangle

 

DAX is retesting the previously broken rectangle 15800. A confirmed bounce off this level is indicative of the possible continuation higher to 17000. A break below 15380 is now required for the downside reversal and an uptrend continuation.

Note: you can enter the long trade entry with the stop loss below 15800

 

DAX trading strategy

 

 

 

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