DAX Buy Signal

 

Pattern: Lower Highs bullish break-out.

Signal: Buy as the RSI broke above its 3 month Lower Highs trend-line and the MACD is on a Bullish Cross much below the mean.

Target: 13850 (within the ATH and 1.236 Fib extension line).

Most recent DAX signal:

DAX targeting 13000 if the 1D MA200 breaks (3 year pattern)

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Tradingview link:

https://www.tradingview.com/chart/FDAX1!/UkfKtBSk-DAX-Buy-Signal



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