(240m) The German Dax with an inverted head and shoulders
284
$GLOBALPRIME:GER30
We projected this pattern for the forex analytix community last week, and it seems to be working as expected. Let's see if the German Dax holds up above 13436.
Inverted head and shoulders:
Resistance/neck at 13436.
Default targets for the pattern projected at 14217;
Eventual bearish crab pattern projected below at 14036.
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.