Germany 30

DAX testing rising channel soon

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Price soon will be testing the key trend line and 200SMA on a 4 hour chart. Makes it a great moment to wait for potential setup.
A nice break lower would indicate a sell to the next support level. Bearish momentum in the markets so far over the weekend.
A price is expected to gap lower on the open. Best to see consolidation on the trend line and 200SMA for confirmation and sell after.
Hopefully during the open of the European session tomorrow morning.

Please support the idea and share your thoughts on DAX!

Good Luck and Stay Healthy!

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