DAX30
Time Frame: H4
Pattern: Triangle
Facts :
* Finds support and makes a double bottom at 11400
* Price closed above EMA 50
Trade Opportunity: Buy the potential breakout of the triangle as shown in the chart.
Estimated breakout level: 11563 - Confirmed by MM 2/8
Targets: 11710 and 11820
Invalidation Level: Below double bottom 11400
Aggressive Traders: May long at the current level with the same stop loss
Good Luck
Time Frame: H4
Pattern: Triangle
Facts :
* Finds support and makes a double bottom at 11400
* Price closed above EMA 50
Trade Opportunity: Buy the potential breakout of the triangle as shown in the chart.
Estimated breakout level: 11563 - Confirmed by MM 2/8
Targets: 11710 and 11820
Invalidation Level: Below double bottom 11400
Aggressive Traders: May long at the current level with the same stop loss
Good Luck
Discord Channel : discord.gg/Ku9kzfq
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Related publications
Disclaimer
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.
Discord Channel : discord.gg/Ku9kzfq
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Related publications
Disclaimer
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.