DAX is breaking higher
DAX is breaking above the falling trend line resistance 13200. A confirmed break above this resistance is giving us a higher probability of the long trade entries. A break below 13000 is now required for the upside invalidation. The overall medium-term is an uptrend but we need to see and a continuation above 13460 to see a hard upside extension. Break above this consolidation and confirmation are clear indicators of the upside continuation.
Note – We are inclined to long trade entries with the stop loss below 13100
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