GlobalPrime
Short

DAX approaching resistance, potential drop!

XETR:DAX   DAX Index
DAX is approaching our first resistance at 11778.68 (horizontal pullback resistance, 50% fibonacci retracement , 100% fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 10989.90 (horizontal overlap, 50% fibonacci retracement , 61.8% fibonacci extension ).
Stochastic (21,5,3) is also approaching resistance where we might be seeing a corresponding drop in price.
Wish to learn how to do analysis like us? Take our free education bootcamp here!
https://www.pipculture.com/

Unpacking market dynamics & educating traders:

https://www.globalprime.com.au/market-research/the-daily-edge
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out