DAX 40 M30: The lower boundary of the symmetrical triangle has been broken lower
The formed pattern on the DAX 40 chart indicates a likely change of trend.
The formation of a symmetrical triangle on the chart indicates a phase of consolidation or uncertainty. A break through the lower leg of the triangle is a key signal of a potential downward movement.
It is recommended to focus on short positions on DAX 40. Entry points can be detected now or upon the technical confirmation after a retest of this level.
📌 Entry: 24332.57
✔️ First target: 24030.90
✔️ Second target: 23880.81
❌ Stop order: 24549.79
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