DAX40 H4 - Short Setup

DAX40 H4

We are now into that 16000 resistance region, a nice area of supply and resistance sitting on our H4 and D1 level. We also note, FTSE100 sitting on that 7500 psychological price. UK and EU based indices sitting on some pretty large numbers.

FTSE100 already aimed to make a couple of slightly rejections from that resistance price, as has DAX. Looking for a deeper pulldown now to see some downside swing potential.