GERMAN STOCK INDEX (DAX)
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DAX in a Descending Triangle pattern (TRADEBIRD)

408
Dax is following the pattern of a Descending triangle, the high's are getting lower with each wave, I expect a breakdown to 12600 soon like the arrow in my chart is showing.

Safe Trading!
Not
It is stated that Descending triangles breakout to the downside 64% of the time
Not
Descending triangle Failed, DAX is still at the top of its channel near the resistance on the 1W chart so I still am bearish, I'll try my best to find a new bearish pattern at the higher levels.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.