The Dax on H4 has left the downward trend channel through the positive price gap to the trading start at 8 o'clock German time. We were able to successfully trade this market opening trade for the 615th time with the TC24.SwissBox.
All bulls will now keep their fingers crossed that the gap will not be closed during the day and that the old resistance zone of 12,440 points can be broken instead.
Should the gap still exist until Thursday afternoon, then perhaps ECB boss Mario Draghi can provide the necessary impulses for the upward movement during his speech on Thursday.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.