Actually de price is approaching to a support zone, so the guess is we have liquidity under that support and demand is also in play. I want to buy. Take care of the CP marked with the arrow.
Well, Here we go again the $DAX30 is under selling preasure. We have to put attetion how the index breaks the channel.
We have a V shape recovery in the $DJI. Price is struggling in 27300 resistence. My approach is to go for the liquidity and close the gap for a drop.
The prices is reaching a weekly supply zone and also a weekly trendline is in confluence with this setup. Another factor is the capture in the small red box taking all the liquidity.