The price failed to reach a new low, while the RSI indicator shows an upward trend. The formed reverse divergence could signal a potential price reversal upward.
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.
There is the blue main line above the red signal line on the Stochastic indicator. The reversal pattern has not formed yet.
Currently, trading DAX 40 assumes the priority of long positions. A trader can enter the market both at the current levels or when retesting of the resistance level occurs.
📌 Entry: 24035.39
✔️ First target: 24128.05
✔️ Second target: 24250.42
❌ Stop order: 23961.72
DAX 40 M15: RSI signals a possible upward reversal
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