DAX bounce to lead higher
DAX has bounced higher from the long-term uptrend line support 15000. This bounce can lead to a test of 16000 for an extension higher. Price action has formed a bullish rectangle with a good bullish continuation potential. A bullish extension should be confirmed also with a break of RSI (13) above 50.
Note: you can enter the long trade with a stop loss just below 15300 and add more upon a break above 16000
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