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 23421.75 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 23730.73 mark.
This level was formed by the Dark Cloud Cover pattern. The pattern consists of two candles: the first candle is long and white, and the second is black. The second one opens with a gap up and closes below the middle of the real body of the first candle.
Trading recommendations:
The latest pattern formed on the chart prioritizes short positions. This signal is also proved with the price movement dynamics on the higher time-frame.
DAX 40 H1: The Price Action Forecast for the American Session on 23.9.2025
