InvestMate|DAX Prepare to rally higher

🇩🇪 DAX Prepare to rally higher

🇩🇪 Referring to my last post on dax 👇👇👇

🇩🇪 We are in a very interesting place where an upside breakout formation could take place.

🇩🇪After making a correction yesterday. At the opening of the session today, the dax index showed strength and a desire to continue the uptrend.

🇩🇪 If today's breakout occurs, the way is open to the 13500 level, which was determined by the fibo grid of 0.786 of the last downward impulse.

🇩🇪 In this situation the stop order would be below the 0.618 level of the same wave at 13125

🇩🇪 The impulse sequence can look like this as I have drawn on the arrows


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