DAX 4H chart: Head and Shoulders developing?

asked by u/yousef.sultan · 2mo · 1 answers

Watching the DAX 4H chart closely; seems like a potential head and shoulders pattern is setting up, with the neckline around 18,000. If that level breaks convincingly, it could signal a deeper correction, but if it holds, this whole thing could just be consolidation.

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  • u/menon_vikram· 1 pts· 2mo

    The 18,000 level on DAX is definitely key, but I'm not seeing a clear head and shoulders forming on the 4H yet. Seems more like range-bound chop until proven otherwise.

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