DAX POSSIBLE REVERSAL
Triangle pattern is being formed after the strong rejection from the support zone. May indicate reversal to the upside. Also the trend line is broken which indicates the weakening of the downtrend
TARGETS to the UPSIDE: 14320, 14530
TARGET to the downside(if triangle pattern fails): 13800
TARGETS to the UPSIDE: 14320, 14530
TARGET to the downside(if triangle pattern fails): 13800
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Disclaimer
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.