DAX will go up bevor he falls deeply

Let’s take a look at the long-term chart of the Dax. We can see that Dax has recovered well on an 1-hour chart after the touch of EMA.

since we haven’t seen any appreciable backtest of the shoulder-head-shoulder formation yet and we have exceeded the latest low in a short period of time. I proceed to the following upsiring courses, till we finally can see a reversed candle at the lower part of the formation.

#schnugg
enjoy the way

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