DAX is retesting the broken resistance
DAX is retesting 13300 which is the strong downside resistance that was broken to the downside. A rejection here could lead to a downside strong continuation and a test of the critical 12000 level. This is a wedge-like consolidation formation skewed to the downside.
Note: look for the short trade entries with the stop loss above 13400
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
Take a break from your trading routine Copy our trades!