DAX 30 Technical Analysis - Thursday, July 15

  • Overview: DAX, Stoxx 50 and the FTSE 100 are seeing the first impulse wave up out from the previous bullish corrective pattern, that appears completed and now we are in the abc retracement which is part of the long trade set up
  • DAX30 Technical Analysis: A move above 15810 confirms the next bullish trend
  • DAX 30 Elliott Wave: Wave (c) of ii) back 15650 - 15500
  • TradingLevels: 15,600 is the corrections balance line
  • DAX30 Trading Strategy: Long at 15,500. Look to buy the retracement between 15,650 and 15,500 or buy the next new high above 15810

Video Length: 00:12:34

Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.