DAX 40 M15: The downward signal is visualized on the chart
The balance of power in DAX 40 is gradually changing, as the upward impulse is fading.
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.
Short positions should be prioritized to trade DAX 40. A trader can enter using the current price levels or, alternatively, it can be done after a retest of the resistance level.
📌 Entry: 24097.27
✔️ First target: 23842.59
✔️ Second target: 23715.00
❌ Stop order: 24267.97
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