Hello traders, and welcome. Let's take a look at the DAX index, presenting a great trading opportunity. The DAX, on its weekly chart, has formed a cup and handle pattern, and the price has broken above the breakout level at 16305.21. Stops are placed at ST: 15465.59, and the target zones are as follows:
Zone 1 at 62%: 19078.70
Zone 2 at 79%: 19817.23
Zone 1 at 62%: 19078.70
Zone 2 at 79%: 19817.23
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