DAX Index 1H: Strong Bearish Order Flow in London Session DrivesDAX IndexXETR_DLY:DAXChartPro_DataDAX Index 1H: Strong Bearish Order Flow in London Session Drives Price Toward 24,560 and 24,400 Confluence Targets ### 🇪🇺 DAX Index 1H Intraday Technical Structure (Ref: DAX_2026-06-24_08-53-03.png) We are deploying a high-priority intraday update on the DAX Index (DAX - XETR) on the 1-Hour (1H) timeframe. A dominant wave of selling pressure has seized absolute control over the current London session, invalidating near-term accumulation patterns and opening up immediate downside liquidity expansion windows. The index has aggressively decoupled from the highs, trading down **-1.05% at 24,673.71** following a clean dynamic breakdown. --- ### 🔍 Technical Breakdown & Structural Shift: 1. **Moving Average Trapping Liquidated:** Sellers have successfully driven a massive, high-volume expansion bar straight through the **72-period SMA (orange line at 24,921.29)** and the institutional **200-period EMA (purple line at 24,803.14)**. This double breakdown decisively shifts the intraday market sentiment into absolute seller dominance. 2. **Fibonacci Matrix Activation:** The immediate cascade has sliced underneath the 0.50 Fibonacci retracement floor (24,642.32), paving the way towards deeper structural levels. --- ### 🎯 Intraday Downside Milestones & Targets: Backed by mathematical projections and key volume profiles, we have established two clear sequential downside checkpoints for the session: * **Milestone 1 – The 24,560 Zone (0.618 Fibonacci Level):** Our initial deceleration target is mapped right at the golden ratio **0.618 Fibonacci retracement line sitting at 24,555.74**. Expect minor technical profit-taking or local consolidation to develop as algorithms rebalance positions here. * **Milestone 2 – The 24,400 Cluster (Major Structural Support Floor):** Should macro momentum sustain its current velocity through London, the primary terminal target for this intraday leg rests within the **24,431.56 – 24,400** price block (highlighted by our upper green circle). This sector represents a critical historical horizontal support baseline where substantial institutional buying defense is likely to materialize. ### Tactical Outlook & Risk Control: The directional bias for the remainder of the session remains heavily bearish. Counter-trend long attempts inside this aggressive cascade carry highly unfavorable probabilities. Momentum traders will target a systematic extension toward the **24,560** and **24,400** nodes, anchoring defensive risk control tight above the broken 200 EMA structure. --- 📊 **ChartPro Data** *European Indices Architecture, London Session Order Flow & Quantitative Support Sourcing.* ⚠️ **Disclaimer:** For educational and informational purposes only. This intraday study represents a personal trading framework and does not constitute financial or investment advice.