Preferred case:
DAX H4 is above pivot where we may potentially see further upside towards 1st Resistance, in-line with 61.8% Fibonacci Retracement and 61.8% Fibonacci Extension.
Alternative scenario:
If price drops from the pivot, we may see it swing towards 1st Support, in-line with -27.2% Fibonacci Retracement and 100% Fibonacci Extension
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