DAX H4 is facing bearish pressure below the pivot where we may potentially see a drop towards 1st support, in-line with 61.8% Fibonacci retracement and 23.6% Fibonacci extension. RSI is also indicating bearish momentum for further downside. If price bounce from the pivot, we may see it swing towards 1st resistance, in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension