DAX going to test a monthly tls originated in March'2000

Indice DAX (XETR_DLY:DAX)

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XETR_DLY:DAX Indice DAX

DAX is following the monthly triangle pattern now going to test the higher pattern linen(Tl) so a resistance level for the time being, it depends upon how market reacts here as it is a rising tl ( dynamic) so new and higher level every month

will post possible monthly and weekly levels in the comment section

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testing a resistance level is not always a chance of big fall it is a possibility only ,price created many support levels during the movement , price might consolidate here being a rising tl, still close above the previous low , or might break it, so a caution point for me

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day inside bar levels

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😊

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orange line 4H level about 2 hour left

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new 4H levels added

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weekly tl acted as resistance

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