Dear Followers,

Yesterday’s trading idea has been intact. The DAX market today was locked in a range and the bullish trading idea from yesterday is looking as good as yesterday. Indeed, today’s trading idea is coming from the same trading instrument. There is a bearish rejection on the daily time frame and you can see a pin bar, that is giving further confidence in the bulls. We have seen the level of 10,700 being rejected multiple times in the past two trading sessions, which adds to the bullish sentiment.

If you were late yesterday and want to enter in a long position, today is offering a new fresh entry. An entry for DAX for today would be at 10,768 with a stop just under 10,676. The primary target stays the same- 11,000.

Happy Trading,

Colibri Trader

(Visited 315 time, 1 visit today)