DAX on a 16k rejection 🦐
DAX30 on the 4h chart create a new recent high with the break of the 16000 psychological level.
The price after a distribution phase below the key level create a strong impulse to the upside with a top at 16300.
Currently the market is back at the lower support around 15800 and according to Plancton's strategy if the price will break below we can consider a short order.
The price after a distribution phase below the key level create a strong impulse to the upside with a top at 16300.
Currently the market is back at the lower support around 15800 and according to Plancton's strategy if the price will break below we can consider a short order.
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