Thursday, October 15, 2026

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DAX30 forms Bullish Gartley pattern, good to sell on rallies

Harmonic Pattern -Bullish Gartley pattern Major resistance - 9625 The index has retreated after making a high of 9576. It is currently trading around 9415. Short term trend is still bearish as long as resistance 9625 hol…

By Lis Howell
1 min read
DAX30 forms Bullish Gartley pattern, good to sell on rallies
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  • Harmonic Pattern -Bullish Gartley pattern
     
  • Major resistance - 9625
     
  • The index has retreated after making a high of 9576. It is currently trading around 9415.
     
  • Short term trend is still bearish as long as resistance 9625 holds.
     
  • On the lower side major support is around 9300 and break below targets 9130/9078/9000.
     
  • Any break above 9625 will take the index till 9797/9925.

It is good to sell on rallies around 9550-60 with SL around 9625 for the TP of 9130/9000

 

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