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DAX 05/07/2021

Although DAX came back to the ruling long trend, I'll wait for a correction to get a safe entry. I expect the price to bounce off the doubled blue zone and the short trend-channel's top to continue the way up from there. The higher blue zone and the steep long trend-channel's lower trendline can also e found as long signals, but since the trend is very steep here I rather expect it to flatten down and leave the steep channel for a deeper correction.
Beyond Technical AnalysisTrend AnalysisWave Analysis

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