DAX Short term bullish

DAX is rising before reaching the MA50 (4h).
The patterns involved are two Megaphones.
The MA50 (1d) is supporting long term.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 15800 (Fibonacci 1.236 extension, similar to Jan 31st - Feb 2nd rise that was also +3.75%).

Tips:
1. The RSI (4h) also on a perfect harmony with Jan 31st - Feb 2nd, reinforcing the buy now.

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Chart PatternsDAX IndexDE40FDAX1!ger40Technical IndicatorsTrend Analysis

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