DAX30 – Inverse Head and Shoulders on Short term charts

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DAX – Inverse Head and Shoulders on Short term charts Weekly: The DAX has undergone a large correction over the past 50 weeks having reached a high at 13601 in January 2018. The move lower has stalled at the 61.8% Fibonacci retracement level at 10569.  A bullish hammer candle formed on the weekly charge, which suggests that the near-term sentiment is about to shift. Daily:  The DAX compl...

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