(12 August 2020)DAX Bullish bias above 12765.00.

(12 August 2020)DAX Bullish bias above 12765.00.

12 August 2020, 09:17
Jiming Huang
0
79

da
Pivot
 (invalidation): 12765.00
Our preference
Long positions above 12765.00 with targets at 13040.00 & 13150.00 in extension.
Alternative scenario
Below 12765.00 look for further downside with 12630.00 & 12520.00 as targets.
Comment
The break above 12765.00 is a positive signal that has opened a path to 13040.0

(By Swissquote TRADING CENTRAL)


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