DAX Index
Long
Updated

ger30

380
It's likely wave (4) has been formed and wave (5) begins. Possible targets on the chart and possible h&s pattern is in development also.
Note
Resistance at 0.618 (12.245) proved very strong and prices turn back into the downtrend chanel. So it's likely a harmonic pattern is in development which will retesting the uptrend line.
snapshot
Note
Two different counts. With the second count, dax will testing the down side of the down trend channel.
snapshot

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