DAX - the final call for bears to proceed to the gate Short

German 40 IndexPepperstone

Description

⋅ Nov 3, 2023 12:48 PM

- DAX rallied on the dovish Powell's conference
- The price hit the resistance cluster at 1:1 + FR 61.8% + down-trend line
- The fundamentals are still not very encouraging
- Geopolitics don't help

Support and Resistance AB=CD