Andre_Cardoso

(240m) The German Dax with an inverted head and shoulders

Long
Andre_Cardoso Updated   
FX:GER30   DAX Index
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.

Comment:

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