On the DAX chart, we can see that the instrument is being rejected by the confluence of the upside resistance 12500-12650 zone and is breaking below the triangle 12500 level again. This rejection and a break below the triangle is giving us a higher probability for another test of the long-term uptrend line 12100 level.
Note: look for the short trade entries with the stop loss above the 12650 level.
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