After a significant intraday selloff, DAX40 shows signs of a potential recovery as price reclaims the earlier support zone with strength.
🔍 Key Observations:
✅ Yellow box marks a cluster of bars after a strong downtrend, hinting at accumulation or exhaustion.
⚠️ Support retest held — recent candles show signs of rejection from the lower bound near 24,077.
📈 Leola Lens SignalPro structure suggests a potential shift in bias — upside projection mapped to 24,552 as the next key level.
📊 Clean invalidation zone below recent wick lows.
💡 Educational Insight:
This setup emphasizes the importance of price structure, volume balance zones, and trend exhaustion for anticipating reversals. Traders can study how institutional-style tools like SignalPro help highlight such shift moments with visual clarity.
🔍 Key Observations:
✅ Yellow box marks a cluster of bars after a strong downtrend, hinting at accumulation or exhaustion.
⚠️ Support retest held — recent candles show signs of rejection from the lower bound near 24,077.
📈 Leola Lens SignalPro structure suggests a potential shift in bias — upside projection mapped to 24,552 as the next key level.
📊 Clean invalidation zone below recent wick lows.
💡 Educational Insight:
This setup emphasizes the importance of price structure, volume balance zones, and trend exhaustion for anticipating reversals. Traders can study how institutional-style tools like SignalPro help highlight such shift moments with visual clarity.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.