DAX about to reach critical point

1H candle closes at 10307 overnight which is a new low. Next signal will be the 4H candle which needs to close lower than 10335. Retracement 38.2% of the up leg from 9302 to 10806 is at 10230.

Expecting DAX to touch 10230-10246. From there it is likely to reject the breakdown and move back up towards 11432.

Trade stängt: målet nått:

Wonderful stuff! Target reached at precisely 10246!