DAX is testing the strong reversal downside resistance
DAX is testing the strong long-term uptrend line dated back from March 2020. A confirmed break below the 15000 is required for the downside reversal and will confirm the end of the 5th wave. A bounce here would lead to another wedge upside resistance test of 16100. This is a key positioning for the next medium-term.
Note: you can take the long trade entry with the stop loss below 15000.
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