The DAX is showing a significant area of rejection between the 13000-13500 area
If this monthly candle closes like this, price is likely to drop
What might potentially happen:
- Price goes down and breaks the neckline, heading towards 10000 zone
- Respect the level and bounce back towards the 13000 level
If this monthly candle closes like this, price is likely to drop
What might potentially happen:
- Price goes down and breaks the neckline, heading towards 10000 zone
- Respect the level and bounce back towards the 13000 level
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.