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Title
DAX H4 | Reverse to support level
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منبع: https://www.tickmill.com/blog/dax-h4-reverse-to-support-level-13th-february-2024
Alternative scenario:
It might break out of pivot and rise to the 1st resistance at 17133.66, which aligns with the 127.2% Fibonacci extension level.
Type
Bearish Reversal
Past performance is not indicative of future results.
Preference:
The price could rise to pivot at 17066.26, the swing-high resistance, from there it could reverse to the 1st support at 16874.83, the pullback support.
