GERMAN STOCK INDEX (DAX)
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DAX on the Weekly chart, more bullish pressure by ThinkingAntsOk

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Use this as a guide to develop your view of the situation.

Main items we can see on the Weekly Chart:

a)The price broke with a bullish movement a previous Resistance Zone

b)Taking a look into the past, we can see a similar bullish movement than the current one

c)Using it as something to copy, we will wait for a correction on the current area

d)After that, we will set a long trade towards 12350

e)Of course, we will develop our setup on a lower timeframe, such as 4hs /1h. Use this chart as an idea of how long you should wait before the movement.

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