Germany 30 tested resistance for the 4th time yesterday. A breach of near term support could see another dip to the downside underway
Germany 30 tested resistance for the 4th time yesterday
A move below the potential support of yesterday's low would leave candles on the daily chart making lower highs and lower lows (assuming of course that yesterday's high and the resistance is not taken out first).
Lower highs and lows indicate a short term downtrend and would confirm a 4th rejection of this resistance line suggesting another dip to the downside is getting underway.