GERMAN STOCK INDEX (DAX)

Bullish View on DAX index by ThinkingtAntsOk

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Main items we can see on the chart:

a) The price has broken the last corrective Structure (white lines)

b) After the breakout of it, we saw the formation of a small corrective structure above the previous one (yellow lines)

c) Currently, the price is testing the broken zone

d) Based on the current level and context we expect a continuation of the bullish movement towards the next resistance zone

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