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Peet_Serfontein
Oct 15, 2021 6:17 AM

DAX: bullish confluence applicable! Long

DAX IndexXETR

Description

A price action close to the lower range of the linear regression channel pattern supports a mean reversion trade.
Upside price momentum supports the bullish trend.
RSI leaves enough room for further upside price potential.
ADX suggests a strong trend gaining strength.
MACD bullish crossover also supports a bullish trend

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