Germany 30Long
DAX - Buying the lower end of the channel
Trade Idea
Trading within a Bullish Channel formation.
Bespoke support is located at 12485.
Positive overnight flows lead to an expectation of a firm open this morning.
Further upside is expected although we prefer to buy into dips close to the 12485 level.
We look to Buy at 12485
Stop: 12415
Target 1: 12725
Target 2: 12800
Trading within a Bullish Channel formation.
Bespoke support is located at 12485.
Positive overnight flows lead to an expectation of a firm open this morning.
Further upside is expected although we prefer to buy into dips close to the 12485 level.
We look to Buy at 12485
Stop: 12415
Target 1: 12725
Target 2: 12800
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