03:10 pm (GMT +0200)Dax is currently negotiating between the support at 15794.30 and the resistance at 15839.30. We foresee that a positive sentiment will most likely push prices to thrust above the swing level at 15839.30. The next resistance level lies ahead at 15857.30.
Price Action
Thursday, November 16 2023
03:10 pm (GMT +0200)
30 minutes Timeframe
If Dax fails to withstand the sellers' pressure, the bullish scenario will be eliminated and we foresee that a bearish outlook will be in effect.
Price Action Outlook:
Bullish
Profit Levels
Target 1
15857.30
Target 2
15866.30
Target 3
15884.30
Target 4
15906.80
Entry
15839.30
Stop Loss
15794.30
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Thursday, November 16 2023
03:10 pm (GMT +0200)
30 minutes Timeframe
Dax is currently negotiating between the support at 15794.30 and the resistance at 15839.30. We foresee that a positive sentiment will most likely push prices to thrust above the swing level at 15839.30. The next resistance level lies ahead at 15857.30.
If Dax fails to withstand the sellers' pressure, the bullish scenario will be eliminated and we foresee that a bearish outlook will be in effect.
Price Action Outlook:
Bullish
Profit Levels
Target 1
15857.30
Target 2
15866.30
Target 3
15884.30
Target 4
15906.80
Entry
15839.30
Stop Loss
15794.30
Trend Confirmation
Momentum
LWMA
MACD