DAX downside continuation

DAX broken resistance retest and rejection

 

DAX is being rejected by the previously broken downside resistance 13900. It is going for another test of 13500 for a confirmed break below this level, for a complete downside extension, and a break below 13300. The downside continuation scenario can only be invalidated upon a break above 14100.

Note: look for the short trade entries with the stop loss above 13900

 

 

DAX downside reversal

 

 

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