GER40 (DAX) Analysis & Trade Ideas📊 Market Structure & Analysis
GER40 is in a strong bullish trend, forming higher highs & higher lows.
Resistance: 22,943 – Price is testing this level; a breakout could push higher.
Support Levels: 22,132, 21,767, and 20,500 – Potential pullback zones.
Break & Retest Pattern: Price has been breaking resistance and turning it into support, confirming an uptrend.
🔹 Bullish Scenario
✅ Buy on pullback at 22,132 - 21,767 if price respects support.
🎯 Target: 23,000+
🛑 Stop: Below 21,500
✅ Breakout Buy if price breaks & retests 22,943.
🎯 Target: 23,500+
🛑 Stop: Below 22,700
🔻 Bearish Scenario
❌ Sell rejection at 22,943 if price fails to break higher.
🎯 Target: 22,132, then 21,767
🛑 Stop: Above 23,000
⚡ Final Thoughts
Market structure remains bullish—focus on buying dips & breakouts. Shorts only if rejection is strong. 📈🔥
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