The German 40 (DAX) has been on a strong bullish run, now trading into a key resistance zone near previous range highs. This area is likely packed with liquidity (buy stops), making it a potential turning point. Given the overextended price action and current fundamentals, a retracement is likely as profit-taking and stop orders trigger. While sentiment has been bullish, caution is warranted at these levels. I am expecting a pullback before any further upside. Not financial advice.
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🔥👀👉 HOW TO TRADE ASIA, LONDON & NY SESSION OPEN:
🔗 youtu.be/r_uDB22ccPA
👀 👉Join Our DISCORD:
🔗 discord.com/invite/PcBeCdwVQq
👀 👉 TELEGRAM:
🚀🔗 t.me/anthonys_forex
🔗 youtu.be/r_uDB22ccPA
👀 👉Join Our DISCORD:
🔗 discord.com/invite/PcBeCdwVQq
👀 👉 TELEGRAM:
🚀🔗 t.me/anthonys_forex
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.