DAX 40 closes the last trading session in the green zone, while the downward price movement vector prevails on the higher time-frame.
The support and resistance levels:
The support level is near the 23677.73 mark.
The Penetrating Line pattern formed this level. The pattern consists of two candles: the first one has a long black body, the second one has a white body. The second candle opens with a gap down and closes above the middle of the first candle’s body.
The resistance level is near the 24262.24 mark.
This level is formed by the Bearish Doji Star pattern. This pattern has a fairly high confirmation rate. It consists of two Japanese candles, where the second is a doji, which opens with a gap down.
Trading recommendations:
The latest signal on the chart indicates the prevalence of the long positions. This signal is valid, until the other pattern is formed.
DAX 40 H1: The Price Action Forecast for the American Session on 4.11.2025
