Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
DAX INDEX WHAT'S NEXT
As we can see price is still overall clearly bullish trading inside this channel
However, as the price will be trading higher to be approaching a massive zone, a resistance zone lining up with the upper channel.
Acting as an over-bought area
Where we will be looking for bearish reversal on lower time frame,
like: a trendline break or any bearish reversal pattern.
Unless price managed to be testing our support again, we will be looking for new longs as well.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!