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De30long

DAX 30- Possible Bullish Momentum on the Retest On Trend line?- A very decent long opportunity on the rests of the trend line. -The fib level 23.8% is in line with the demand zone which adds extra confluence that price could potentially retrace from that zone. -The trend line is also in line with the demand zone and 23.8 fib level which indicates that this is a good high probability set up. - The 50EMA is below price which conveys that the DAX30 is in a bullish trend which is another confluence to go long. -To enter this trade, I would wait for a strong bullish candle confirmation on the lower time frame. Lets see how price reacts during the week. Please leave a like and a comment on your opinions/ideas for this trade!
DLong
by LDForex_
DE30 DAX GE30 BUY ON WEEKLY CHARTGermany stocks were higher after the close on Wednesday, as gains in the Basic Resources, Transportation & Logistics and Financial Services sectors led shares higher. At the close in Frankfurt, the DAX gained 0.16%, while the MDAX index added 0.56%, and the TecDAX index gained 0.19%. The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 1.49% or 0.76 points to trade at 51.78 at the close. Meanwhile, MTU Aero Engines NA O.N. (DE:MTXGn) added 1.44% or 4.00 points to end at 281.90 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 1.32% or 0.104 points to 7.974 in late trade.
DLong
by q12398
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