DAX 40 H1: A downward signal has been generated
The DAX 40 pattern formed on the chart indicates a potential change of the price direction.
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.
As far as DAX 40 is concerned, it is recommended to focus on short positions. Entry can be executed both at the current prices and upon a possible return to the resistance line.
📌 Entry: 23641.47
✔️ First target: 23382.61
✔️ Second target: 23253.68
❌ Stop order: 23859.14
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