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 23992.46 mark.
This level was formed by the Bullish Harami pattern. The pattern is represented with two Japanese candles, where the second one with a smaller real body is inside the body of the first one.
The resistance level is near the 24240.42 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:
During the day, it is worth considering the possibilities for opening short positions. This is indicated by both: the dynamics of price movement over a longer distance and the latest formed pattern.
DAX 40 H1: The Price Action Forecast for the American Session on 16.10.2025
