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 23920.1 mark.
This level was formed by the Three Outside Bars Up pattern. The pattern consists of three Japanese candlesticks: the first candlestick has a short black real body, the second candlestick has a long white real body and completely engulfs the first candlestick, and the third candlestick is also white, closing above the second candlestick.
The nearest resistance is set at the 24129.2 mark.
The Three Black Crows pattern formed this level. It consists of three consecutive black long-bodied Japanese candlesticks that open inside the body of the previous candle and close below its closing.
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 29.4.2026
