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DAX30 Bullish Channel Setup Plays Out

From vantagefx.com

Like I do every morning, I was just casually flicking through my MT4 watchlist today in search for markets that are in play. Buried at the far end of my list are the indices markets that I don’t normally reach… Until today! If you are after a textbook setup and trade, then it doesn’t get much better than this DAX30 testing channel support setup. It’s truly one of the cleanest setups I’ve seen play out in a long time. Long live indices markets! Take a look at the daily chart we posted at the end of August and then compare it with today’s chart below: The setup has it all: Higher time frame bullish channel support, ... (full story)

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  • Category: Technical Analysis