DAX: -5% to completing head & shoulder

It is time to refine my initial take on the Dax; a short term ABCD completion at 11.7k would set up a head & shoulder formation for which a break of the neckline would suggest a -20% correction to test a long-term trend line at the 9.9k level. Keep an eye on the EURUSD which would provide a clue; usually I would say cheap EUR is good for the Dax but this time round, I would imagine it is a sign of stress/fear in the system.