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DAX30
For some time, the German Dax30 index fell into a consolidation that repeated regularly. Low volatility and small ranges of movements severely limited trading opportunities. Currently, it can be seen that the situation is improving and we can expect a pleasant surprise, considering the fact that the new month has started and that large institutions will conclude new contracts. Personally, I am waiting for the exit from the formation of the descending triangle that has become visible to us. The crosses show the places where I will assume the next direction. Until the pattern exits, a small trade is likely to be caught in line with the lowest local trend.
