DAX 40 has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 22646.4403 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.
Supported by Upward sloping Moving Average
Target: 22646.4403 Entry: 22565.3227 Stop: 22224.1
An emerging Channel Up has been detected on DAX 40 on the 15 Minutes chart. There is a possible move towards 24069.8714 next few candles. Once reaching resistance it may
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Approaching Support level of 327.10 identified at 9/18 21:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 327.10 within the next 8