Still long on DAX however, I've opted to exit my previous position and re-enter for a better RR at the previous bullish order block as I believe price will come back to this level to take out the liquidity below the support level at 15994.6.
Once price retests the bullish order block at 15916.20 it should be safe to enter long positions as price should take out the 3rd primary wave when creating its 5th wave. Therefore, I will be targeting the swing high at 16426.5.
Once price retests the bullish order block at 15916.20 it should be safe to enter long positions as price should take out the 3rd primary wave when creating its 5th wave. Therefore, I will be targeting the swing high at 16426.5.