DAX crossed over the Falling Resistance of the early March High and the 4hour MA50. It also reached the Golden Ratio: Fibonacci 0.618.
This is a bullish breakout but ahead of the Fed Rate Decision tomorrow, it is more likely to see traders taking a neutral stance.
Buy the pullback up to Fibonacci 0.382. Target the Top at 15700.
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This is a bullish breakout but ahead of the Fed Rate Decision tomorrow, it is more likely to see traders taking a neutral stance.
Buy the pullback up to Fibonacci 0.382. Target the Top at 15700.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.