DAX gaining power after rejection at the fib level
dax is gaining power after the last horror week. we see a rejection of the fib level the forming of a pinbar. also, we see a clear rejection at the green highlighted area which is an important neckline. that level has multiple support and resistance zones. price has the potential to develop upside in the upcoming 3 days.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.