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DAX30
We can notice that the DAX, after quite sharp declines, stopped at the designated level yesterday. After the Asian session, not much has changed but we can notice the boxing formation. This configuration in the charts is hardly used, but it can surprise you. If the price does not break up (I personally assume a rebound and I am going to play long today) we can see the same as yesterday. Same downward coverage that would match the support I have indicated. After breaking the trend line, the chance of a deepening of the low will increase. I would like to add that the mere quick break after the entry of the English capital is not a clear signal and it may be a false break. In this case, the second picture presents a possible scenario, I am not playing it out.
