DAX gameplan for short as follow up previous chart

FX:GER30   DAX Index
115 4 5
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Breakout above resistance would look to long entries with upside targets.
+1 Reply
Yes, this could also be a scenario.
It is a steeper channel within a long term bull channel. Wait for this to break or if it holds, go long ;-)
But it needs a catalyst to go much higher. I think It is going to be higher long term after a sound correction.
+1 Reply
Hard to say the actual path, so my arrows are just bs-ing. However, if the lower channel trendline breaks I would look to sell the breakdown and again if there was a backtest
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