The DAX 40 maintains an upward direction of movement, while Stochastic has fallen below 20. The formed reverse divergence is marked on the chart with a green line.
The RSI is currently holding above the mark of 50. The indicator calculating formula logic suggests that, on average, the ascending movement is currently predominant.
The MACD histogram is below the signal line. This indicator shows medium- and long-term trends and may ignore short-term price reversals and pullbacks sometimes.
On this timeframe for DAX 40 it is preferable to open long positions.
📌 Entry: 24609.48
✔️ First target: 24657.63
✔️ Second target: 24741.98
❌ Stop order: 24565.98
DAX 40 M15: Divergence signal is received from the Stochastic
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