DAX is bullish and going for a Higher High

DAX is trading inside a Channel Up and crossed today over both the 4hour MA200 and the Pivot Zone.

The 4hour MA50 is supporting (same with the RSI being on a Rising Support) and as long as it does, the Channel Up will be going for a Higher High.

Buy and target the 15700 Resistance but keep an eye for an RSI peak near 70.00.


Previous chart:

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