DAX - Trading within a Bullish Channel formation.

GER30, DE30EUR

Trade Idea

Trading within a Bullish Channel formation.
Bespoke support is located at 12330.
Positive overnight flows lead to an expectation of a firm open this morning.
Further upside is expected although we prefer to buy into dips close to the 12330 level.

We look to Buy at 12330
Stop: 12260
Target 1: 12570
Target 2: 12700