Current Price: 22,545 (at the time of analysis)
Bullish above: 22,775 (value area just above VAH of February 19th)Bearish below: 22,684 (VWAP of February 19th)
At the time of analysis, price is already in bearish territory. Traders seeking entry points may consider 22,560, which is just below the value area high of today and two trading days ago.
This analysis provides key price levels where market participants are expected to react. Traders can use these levels to refine entries and exits according to their own strategy and timeframe.
22,861 – Just below POC and VAH of February 17th23,024 – Significant resistance level23,195 – Just below the third upper standard deviation of VWAP (Feb 19th)
Bearish Profit Targets for DAX Futures Today
22,360 – Just above VWAP of Friday22,252 – Just above VAH of February 12th22,143 – Another level just above VAH of February 12th22,072 – Just above VAL of February 12th21,930 – Just above VAL of February 10th21,735 – Just above VAL of February 16th21,520 – Just above key POC level of February 5thTrade the DAX at your own risk.This is an orientation tool to help traders understand market structure and potential reaction zones.Stay open to both bullish and bearish scenarios based on how price interacts with the key thresholds.
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This article was written by Itai Levitan at www.forexlive.com. Read More Details
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