Trade of the day DAX

DAX is breaking below the strong resistance

 

DAX is breaking below the 15760 resistance. This break if confirmed today could lead to a significant pullback to 15200 and lower. A bounce off this level and a reversal break above the 15700 is now required for the upside continuation.

Note: look for the short trade entries with the stop loss above 15700

DAX price action trading strategy

 

 

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