DAX // possible start of the correctionThe market has reached the daily target fibo 200 and broke the H4 structure by breaking below the H4 impulse base.
If H4 makes a new low before making a new high, the countertrend becomes valid.
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Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
Level colors:
Daily - blue
Weekly - purple
Monthly - magenta
H4 - aqua
Long trigger - green
Short trigger - red
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Stay grounded, stay present. 🏄🏼♂️
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