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The DAX index fell sharply, breaking the ascending channel that had dominated the trend over the past few weeks, and is currently trading near 23,545 points. The recent decline was not just a simple correction, but a clear liquidity move below the 24,600-point range.
But what is striking now is that the price has reached the strong demand area between 23,450 – 23,300, an area that often witnesses trend rebuilding phases.
In the control school, these areas are not the end of the movement…
Rather, it is often the beginning of the next phase.
📊 Read the price structure
Price is currently moving between several major levels:
🔹25,000 – Major Resistance Level
🔹 24,590 – Moderate Resistance
🔹 24,400 – Nearby display area
🔹 23,545 – Current Price
🔹 23,450 – 23,300 – Main demand area
🔹 23,068 – Deep Liquidity Support
The recent decline went directly into the historical demand zone, which explains the beginning of the bear rally.
🔮 Possible movement predictions
Scenario 1 – Gradual rebound
If the price remains above 23,450:
The indicator may start to gradually move upward:
24,400
A breakout of this area could push price to:
24,590
Then test 25,000.
Scenario 2 – Final Liquidity Withdrawal
If the price fails to maintain at 23,450:
We may see further declines:
23,068
This area represents a strong liquidity base that could lead to a sharp rebound later on.
💼 Tactical advice
🔵 Buy from support
Log in:
23,450 – 23,300
Target:
Target price 1 24,400
Target price 2 24,590
TP3 25,000
Stop loss:
22,950
🟡Buy after a breakout
Log in:
24,590 after hack
Target:
25,000-26,200
Stop loss:
Decrease 24,200
⚠️Traders Attention
In the European index market…
Real movement often starts after the channel is broken, rather than inside the channel.
When everyone thinks the trend is over…
Markets began to reallocate liquidity.
Some people are seeing a decline…
Some see the end of the recession.
I don’t follow the movement…
I’m reading where to start.
Mohammad Halawani 🔱
Control Academy
