Get started
SebastienYC_FR

Bearish AB=CD

Short
DAX Index (XETR:DAX)  
SebastienYC_FR  
XETR:DAX   DAX Index
Harmonic Patterns DAX Index dax30
1
2
harmonicpatterns dax dax30
We have a 5-0 pattern followed by a bearish AB=CD structure, close to 50% retracement.
Prices are currently testing the D point.
If it breaks upward, it will quickly rally up to 88.6% (13400)
If AB=CD effectively rejects, then it will fall like a rock.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.