Thursday, October 15, 2026

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DAX30 forms Gravestone Doji, decline till 9650 is possible

Candle stick pattern- Gravestone Doji Major resistance -10120 Dax has retreated after making a high of 10116.It is currently trading around 9967. Short term trend is weak as long as resistance 10120 holds. Any break abov…

By FxWire Pro
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DAX30 forms Gravestone Doji, decline till 9650 is possible
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  • Candle stick pattern- Gravestone Doji
     
  • Major resistance -10120
     
  • Dax has retreated after making a high of 10116.It is currently trading around 9967.
     
  • Short term trend is weak as long as resistance 10120 holds. Any break above 10120 will take the index up till 10400/10620.
     
  • On the lower side minor support is around 9880 and break below targets 9760/9600 in short term.

It is good to sell on rallies around 9980-9990 with SL around 10120 for the TP of 9760/9650.

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