Chart Pattern- Double top
Major resistance - 11000
DAX30 has broken major resistance 11000-11040 level after a long consolidation.The index was trading in narrow range for past six trading session between 10977 and 10792. The index was following footsteps of US markets on easing trade war tensions between US and China. The index jumped nearly 7.46% from low of 10281 and is currently trading around 11042.
The index is facing strong resistance around 11092 (55- day EMA) and any break above targets 11592/11869.
On the lower side, any violation below 10781 (78.6% fib) confirms minor weakness and break below targets 10689/10402.
It is good to buy on dips 11000 with SL around 10780 for the TP of 11590/11869.


FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro- Major Crypto levels and bias summary
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: USD/CNY gains some ground but bearish outlook persists
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns 



