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DAX Potential For Bullish Continuation

On the H4 chart, the overall bias for DAX is bullish. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Looking for a pullback buy entry at 13871.48, where the 61.8% Fibonacci line is located. Take profit will be at 14709.38, where the previous swing high and -27% Fibonacci expansion line are located. Stop loss will be at 13380.67, where the 38.2% Fibonacci line is located.

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