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DAX Index
Long

Germany is destined for upside to 20,893 according to this

145
We have seen a textbook Falling Wedge form on the Daily with the Dax.

It seems like there has been a consolidation (range bounded) move before the next direction.

So looking at the indicators and sentiment of the markets, in the medium term it looks like DAX is destined for upside.

Along with the main markets like S&P500 and Crypto.

We just need the price to break above 20MA and we could see the next target at 20,893

WHat do you think?
Timonrosso
✅ Facebook:
facebook.com/groups/matitrader

🌐Website:
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𝕏 (Formerly Twitter):
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Also on:
Chart PatternsDAX Indexdax30Fundamental AnalysisgermanyTrend Analysis

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.
Chart PatternsDAX Indexdax30Fundamental AnalysisgermanyTrend Analysis
Timonrosso
✅ Facebook:
facebook.com/groups/matitrader

🌐Website:
timonandmati.com

𝕏 (Formerly Twitter):
twitter.com/timonr

Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Also on:

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.