DAX Rising Wedge aiming at 4hour MA50 and bottom

DAX with a strong rejection at the top of its Rising Wedge. Targeting the 4hour MA50 is the norm inside this pattern. As long as its not broken, buying is the action with 15750 the Target. Closing under the 4hour MA50 is bearish, with the Target at the bottom of the Rising Wedge (15100).

Best 2 week buy opportunity inside the RSI's Buy Zone.


Follow us, like the idea and leave a comment below!!