j33per
Short

DAX about to reach critical point

FX:GER30   The DAX Index
91 0 0
1H candle closes at 10307 overnight which is a new low. Next signal will be the 4H candle which needs to close lower than 10335. Retracement 38.2% of the up leg from 9302 to 10806 is at 10230.

Expecting DAX             to touch 10230-10246. From there it is likely to reject the breakdown and move back up towards 11432.
Trade closed: target reached: Wonderful stuff! Target reached at precisely 10246!
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