As I mentioned earlier, Larger Channels are generally stronger than breakout patterns. The DAX 30 has been in a strong downtrend since 5 Jan which isn't slowing down any time soon. We can expect another bounce to around 13,064 before it turns down and makes new yearly lows to around 11,620. Thank you for the trading analysis suggestion, let me know if you need anything else
Nota
Also the RSI is showing lower highs and is also showing a bounce up before downside... This is why the current international markets are very difficult to trade at the moment.
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Trade Well,
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Founder, MATI Trader
(Pro trader since 2003)
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🌐NEW Website 2025:
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✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.