ThinkingAntsOk

4HS Analysis of DAX by ThinkingAntsOk

TVC:DEU40   GERMAN STOCK INDEX (DAX)
Main items we can see on the chart:

a) The price has been on a correction for 20 days

b) The correction happened on a key Level

c) Based on the current behaviour + the idea that there are not dynamic resistances for the price we expect a continuation of the bullish movement

d) Our Target will be the next Resistance zone at 13.600

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