During the previous trading session, the price of DAX 40 decreased, moving in the main trend direction on the higher time-frame.
The support and resistance levels:
The nearest support is set at the 24008.19 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 nearest resistance is set at the 24199.34 mark.
This level was formed by the Bearish Harami pattern, which is presented with two Japanese candlesticks where the second candlestick with a smaller real body is inside the body of the first one.
Trading recommendations:
Despite the downward dynamics prevail on a higher time-frame, the long position should be prioritized intraday. The latest signal on the chart indicates the prevalence of the upward movement intraday.
DAX 40 H1: The Price Action Forecast for the American Session on 17.12.2025
