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alx13

DAX - ending diagonal break-out!

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DAX index (FX:GER30)  
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FX:GER30   DAX index
LONG DAX Index dax30 dax30long german germanindex germany GER30 CFD short shorterm shortsqueeze longsetup elliottwaveretracement Elliott Wave
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long dax dax30 dax30long german germanindex germany ger30 short shorterm shortsqueeze longsetup elliottwaveretracement elliottwaves
As previously warned the ED played out. The bottom TL held and we had a close to 300 point rally from there after the cash closed yesterday.

Today DAX broke out of the upper descending TL, back-tested and held. This looks like a break-out!

If we get another retrace to better test that TL later today that would be gift long, in my opinion.

Good luck out there!

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