DAX30 Index Potential Bullish Triangle Breakout

DAX30

Time Frame: H4

Pattern: Triangle

Facts :
* Finds support and makes a double bottom at 11400
* Price closed above EMA 50

Trade Opportunity: Buy the potential breakout of the triangle as shown in the chart.

Estimated breakout level: 11563 - Confirmed by MM 2/8

Targets: 11710 and 11820

Invalidation Level: Below double bottom 11400

Aggressive Traders: May long at the current level with the same stop loss


Good Luck