DAX - Will buyers emerge ahead of the weekend?
GER30 is Bullish - We look to Buy at 12750
▪️ Trading within a Bullish Channel formation.
▪️ The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
▪️ Bespoke support is located at 12750.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 12750, resulting in improved risk/reward.
▪️ Expect trading to remain mixed and volatile.
Stop: 12690
Target1: 13155
Target2: 13300
▪️ Trading within a Bullish Channel formation.
▪️ The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
▪️ Bespoke support is located at 12750.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 12750, resulting in improved risk/reward.
▪️ Expect trading to remain mixed and volatile.
Stop: 12690
Target1: 13155
Target2: 13300
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