DAX - War Zones!

Hello TradingView Family,

DE30 is overall bullish trading inside these two brown trendlines forming a channel.

Here are the two strong zones where I will be looking for high probability setups:
I call them War Zones, (highlighted in Purple circles)

Zone 1: Lower Purple Circle (14000)

This highlighted purple circle is a strong area to look for buy setups as it is the intersection of a support/demand zone and the lower brown trendline acting as non-horizontal support. (trend-following setup)

Unless DE30 breaks the blue zone downward aggressively, then the next major support would be around 13500.0 (lower orange zone)

Zone 2: Upper Purple Circle (15000)

This highlighted purple circle is a strong area to look for sell setups as it is the intersection of the round number 15k and the upper brown trendline acting as an overbought area.

As per my trading style/plan:
I will be waiting for DE30 to approach one of the purple circles to look for reversal setups on lower timeframes (like a double bottom/top, trendline break, and so on...)

Always follow your trading plan regarding entry, risk management, and trade management.

Good Luck

All Strategies Are Good; If Managed Properly!
~Rich