03:10 pm (GMT +0200)Dax is currently negotiating between the support at 15794.30 and the resistance at 15839.30. A positive sentiment will push prices to thrust above the swing level at 15839.30 with immediate targets at 15857.30 and 15866.30. A protective stop loss at 15794.30 is strongly recommended.
Price Action
Thursday, November 16 2023
03:10 pm (GMT +0200)
30 minutes Timeframe
Should the DAX index manage to breach below the support at 15794.30, it will eliminate the bullish scenario, generating a sell signal.
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. A positive sentiment will push prices to thrust above the swing level at 15839.30 with immediate targets at 15857.30 and 15866.30. A protective stop loss at 15794.30 is strongly recommended.
Should the DAX index manage to breach below the support at 15794.30, it will eliminate the bullish scenario, generating a sell signal.
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