DAX 40 was identified at around 20329.9 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Triangle pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 20371.3875 level.
DAX 40 – approaching a resistance line that has been previously tested at least twice in the past
