During the previous trading session, the positive dynamics of the DAX 40 movement were seen. On a longer time-frame, the upward price movement vector also prevails.
The support and resistance levels:
The nearest support level is at the price level of the 21937.18.
The Bullish Doji Star pattern has formed here. This pattern is a combination of two Japanese candlesticks. The first candle is with a long real body, and the second candle is a doji, which opens with a gap up.
The nearest significant resistance level is at the 23414.62 mark.
The pattern formed here is Three Outside Bars Down. This pattern is a combination of three Japanese candlesticks. The first candlestick has a short white real body, the second candlestick has a long black real body and completely engulfs the first candlestick, and the third candlestick is also black, closing below the second candlestick.
Trading recommendations:
The latest signal prioritizes short positions intraday.
DAX 40 H1: The Price Action Forecast for the American Session on 2.4.2026
