German DAX: Correction In View

DAX is trading at new highs as expected after earlier bounce from wave 4 levels.

DAX is trading at new highs as expected after earlier bounce from wave 4 levels. We see now wave 5 in play for 10200-10250 area where upside can be limited as bullish impulse from 9470 can be coming to an end, so traders will have to be aware of a three wave retrace.

German DAX, 1H

German DAX, 1H


 

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