Bullish Rise

Key Levels:
Resistance: 14210
Pivot: 13664
Support: 13376

Preferred Case:
On the H4, with price moving above the ichimoku indicator and within the ascending channel , we have a bullish bias that price will rise from pivot at 13664 where the pullback support is to the 1st resistance at 14210 in line with 100% fibonacci projection and 78.6% fibonacci retracement .

Alternative Scenario:
Alternatively, price could break pivot structure and drop to 1st support at 13376 where the overlap support, -27.2% fibonacci expansion , 100% fibonacci projection and 23.6% fibonacci retracement are.

As the US Consumer Inflation eases, we have a bullish view on DAX Index .