Dax H1 Technical Analisys

Dax has broken the celling of a rising wedge  which indicates further development in the same direction. 
The breakout of the 13190 resistance has been meet signalling a well further rise to 13480
The index is between the support at points 13190 and the resistance at points 13480. 
An ABC Gartley formed at 13000 in conjunction with a double bottom has signalled a beginning of a new trend 
and may well break the 13190 resistant. 
A decisive break out above well predicts targets at 13376&13480 
The index is assessed as technically positive for the medium long term 


Thanks for watching 
Trade Safe

Kommentera: