Weekly Analysis on DAX by ThinkingAntsOk

Main items we can see on the chart:

a)The price has reached a major resistance zone

b)We can see 4 situations in the past in which the price rejected the zone with 3 to 4 weekly candlesticks

c)LONG SCENARIO: After that, we should expect a bullish movement towards the next resistance zone at 13.500

d)SHORT SCENARIO: If the price keeps falling after the contact with the resistance zone, we should look for short positions towards the support zone.