DE30EUR has formed an ABC pattern on its hourly chart.
The price is trading above the entry level 14415.5 and approaching the ceiling of ABC bullish pattern WALL 14584.3 38.2% XAD.
The price at this point will give indication of further raise to the upside with 14817.2 as first objective
DAX ABC BULLISH PATTERN
H1 WALL 14584.3 38.2% XAD
💼EL 14415.5
⚠️SL 14339.2
🎯TP1 14817.2 61.8% XAD
🎯TP2 14942.8 78.6% XAD
The price is trading above the entry level 14415.5 and approaching the ceiling of ABC bullish pattern WALL 14584.3 38.2% XAD.
The price at this point will give indication of further raise to the upside with 14817.2 as first objective
DAX ABC BULLISH PATTERN
H1 WALL 14584.3 38.2% XAD
💼EL 14415.5
⚠️SL 14339.2
🎯TP1 14817.2 61.8% XAD
🎯TP2 14942.8 78.6% XAD
Note
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.