DAX DE40/DE30 LONG - DAX Long - Pump for the End of the Monthly.

By AdiVV
Updated
Hi all.

I longed DAX today, based on beautiful correction to 18120 area and an accumulation today on European session. Lower timeframes M1 and M5 printed a 'Perfect entry' signal for me with change of character and break of structure.

Together with the sentiment changing on American indices, I longed DAX on New York session open today around 18120 price.

I am planning to hold this trade till 18570-18580 area, and leave a small runner with potential to come back to ATH area.

Stop loss on chart, but you can see the levels of potential support if we enouncter any sort of strong rejection.

Potential TP areas:
- 18230
- 18310
- And finally 18580.


Good luck and play safe!
Trade closed: target reached
18310 TP reached today, I also re-entered at 18060 and closed at 18150 now.
Done with trading DAX for the moment.
Candlestick AnalysisDAX Indexde30DE40germanmarketgermany30Supply and DemandSupport and Resistance

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