GER30 (DAX) Market Analysis and Trade Setups

DAX-Trade Update (Mon 12th Oct 2026)
As at last week towards Thursday and Friday, I was looking to short DAX (Entry-25188, SL-25,301). I waited for price to invalidate the bullish channel it created before executing the sells as at when price got to my POI, but there was no invalidation. Rather, price respected the trend channel but invalidated my POI, cancelling the short setup expectation from that level.

This week, price opened with a bullish gap, still trading above the support level and still respecting the intraday bias channel it created last week. I'm still opened for short opportunities (Entry 25188, SL-25,301) until there's a full invalidation of the 4hr bearish downtrend channel.

DAX- Trade Setup
Type: Long
Entry: 25232
SL: 24689
Execution: Instant

Trade Idea/Approach
with a double bottom formation last week, price broke above the key level at 25140 turning it from a resistance to a support. I spotted a potential intraday bullish channel with the trend support crossing the support price level, and I executed the trade setup.
Entry: 25232
SL: 24689

I'm expecting volatility when Frankfurt session opens by 6am.