Aurum Markets Blog Technical Analysis Possible breach of support level by DAX 40

Possible breach of support level by DAX 40

Possible breach of support level by DAX 40 post thumbnail image

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 continue its bearish run or reverse back to current price levels.

Supported by Downward sloping Moving Average

Target: 24069.8714 Entry: 24204.9 Stop: 24327.9

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post