FrankieTheBull

DAX bounce at falling ATH trendline/demand zone

Long
FX:GER30   Indice DAX des actions allemandes cotées
If you follow xetra you know insitutionals turned BULLISH this week. That means they are looking to buy, but current price is too expensive. The dip we saw at 10250 is in a demand zone 10260-10212. DAX failed tho break through the demand zone and thus remains bullish. I am long from 10252 with a target of 10600 atleast. On monday we are looking to fill the volume vacuum left by the drop from 10366 to 10250.
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