Long

DAX to rebound after hitting key Fib level and oversold RSI 4H

I expect DAX to rebound to at least .786 fib level which is around 15270 after reaching oversold conditions and multiple rejections of the .618 fib level. From there DAX will either dive back to todays lows or try to find its way towards yearly and all time highs.
Chart PatternsTechnical IndicatorsTrend Analysis

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