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Chart Pattern- Double top
Major resistance - 11000
DAX30 has halted its 10 days of bullishness and shown a minor weakness. The index jumped nearly 6.75% from low of 10281. It is currently trading around 10880.
The index is facing strong resistance around 11000 and any break above targets 11287 (300-4 H EMA)/11555.
On the lower side, any violation below 10785 confirms minor weakness and break below targets 10689/10402.
It is good to buy on dips around 10780-85 with SL around 10670 for the TP of 11000/11280.
