mhandley77

Head & Shoulders Pattern: DAX

XETR:DAX   DAX Index
Perfectly proportioned head & shoulders pattern in the DAX index. Wave count appears to be in a wave 4 up of 5 waves down. This could be the end of a wave A of a developing ABC pattern. Levels shown are Gann levels. Let's see what happens.

Disclaimer

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.