DAX: Upcoming Breakout?

Dear traders,

Today, we see a breakout pattern in the daily DAX chart based on an inside bar candle, suggesting profitable breakouts either above 15450 or below 15280.

Let’s wait and see.

Daily Forex and DAX Signals:

Our trading ideas for today 1/3/23:

EUR/USD

Long @ 1.0620

Short @ 1.0565

GBP/USD

Long @ 1.2070

Short @ 1.2035*

DAX® (GER40)

Long @ 15440

Short @ 15360

Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 40

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.