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Signal_Centre

DAX - Buying the lower end of the channel

Long
Germany 30 (OANDA:DE30EUR)  
Signal_Centre  
OANDA:DE30EUR   Germany 30
Trend Analysis Chart Patterns Beyond Technical Analysis DAX Index GER30 CFD trading daytrade
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trendanalysis chartpattern beyondta dax ger30 trading daytrade
Trade Idea

Trading within a Bullish Channel formation.
Bespoke support is located at 12485.
Positive overnight flows lead to an expectation of a firm open this morning.
Further upside is expected although we prefer to buy into dips close to the 12485 level.

We look to Buy at 12485
Stop: 12415
Target 1: 12725
Target 2: 12800
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DAX - Trading within a Bullish Channel formation.
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