gorillacharts

DAX - Bullish Continuation Descending Triangle

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gorillacharts 已更新   
INDEX:DEU40   DAX PERFORMANCE-INDEX
It was a pain trading the DAX all of last week. Several candles indicated tactical bounces off important breakout supports around 10470 - 490, however the index failed to distance itself from key supports, decisively. Friday ended the week with a bullish engulfing pattern. Bigger picture, we are looking at a descending triangle pattern, which I expect to resolve higher, given the bullish backdrop since February.
评论:
breaking out today - bullish!!
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