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DAX: Neckline Break
Germany 30
Short
DAX: Neckline Break
By TheRealPeaches
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Oct 21, 2018
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Oct 21, 2018
I have been watching the DAX H&S form for a while now. This pattern has now been confirmed with a break and weekly close below the neckline.
A descending neckline indicates fundamental weakness and could imply a swift drop.
I am short with a first target in the 10,700 area, and my ultimate target under 10,000.
Chart Patterns
DAX Index
dax30
dax30short
GERMANY 30
germany
germany30
Trend Analysis
TheRealPeaches
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