GER30/DAX Long 4hr chart

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Long

DAX index of German listed shares (FX:GER30)

FX:GER30 DAX index of German listed shares

As you will see the price has been testing a critical support level . Price is try to push higher but keeps getting pushed down.

I also see an inverted H&S whereby the neckline has been broken and retested. A high chance the price will go up.

We are in a weekly down trend, I think only a third breakout can push price higher.

very interesting - thanks, will keep a lookout for the downside

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