DAX Megaphone still intact. Breakout and scalping options.

9 พ.ค. 2023

DAX is trading in a Megaphone, currently supported by the MA50 (4h).
Scalping is recommended inside this pattern and breakout trading outside it.

Trading Plan:
1. Buy if the price closes over the Megaphone.
2. Sell if it closes under the MA50 (1d).

Targets:
1. 16200 (+12.17% buy leg).
2. 15200 (lower Support Zone).

Tips:
1. The RSI (4h) is inside a clear Rectangle whose bottom and top can help with scalping inside the Megaphone.

Please like, follow and comment!!

Notes:
Past trading plan: