TheSignalyst

DAX potential reversal

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on DAILY: DAX is filling our previous GAP and it is now approaching a strong resistance in red so we will be looking for objective sell setups on lower timeframes.

on H1: price is forming a new channel in red (not valid yet) so we are waiting for a new swing to form around it to consider it our last swing standing and then enter on its break downward.

This analysis is done using RichTL
www.RichTL.com

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