On the intraday chart of DAX we are tracking an impulsive structure to the upside, that looks to be midway through its completion, as waves 4 and 5 are still missing. That said we believe price can slow down in following sessions, as wave 3 seems to be in it's late stages. Ideally we will see a three wave retracement towards 10133-9929 region, where previous swings, red wave B) and wave iv of a lower degree can act as a turning point into higher levels.
German DAX, 1H
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