DE40 is in a bullish trend since the end of September. Price bouncing between a converging channel making higher highs and higher lows, recently broke through the ~15250 level and found support there but showing weakness as retested that level several times from the upside and RSI indicator make lower highs while price increasing. If price break below the support level and trend line and retest my first TP target will be 14900 the second 14550.
Feel free to share your opinion in the comment section and hit the like button if you found this information useful!
Thank you
Feel free to share your opinion in the comment section and hit the like button if you found this information useful!
Thank you