The DAX is at the critical point - a juncture of the upper median line parallel of the downsloping fork and the median line of the upsloping fork. Such confluences usually coincide with price reversals. So the current situation in this market is auspicious for the sellers.
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.