DAX is extending higher in a wedge
DAX bounced off the uptrend support around the middle of a wedge. This bounce leaves the instrument in a swing range of 16000 to 16250. On the upside, we could see a test of 16250, and a break above is required to test 16500whch is the 2021 wedge high. A break below 15700 is needed for a lower reversal.
Note: look for the long trade entry with a stop loss below 16000
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