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CarlosPM
Feb 18, 2016 3:22 PM

DAX ABCD PATTERN Long

DAX PERFORMANCE-INDEXINDEX

Description

Potential ABCD pattern forming on the DAX daily chart.
The harmonic A to B and C to D match with a 0.618 retracement and a 1.272 projection.
The finishing area of 8453 also falls under a previous support and resistance zone.
Noticeable RSI divergence can also be seen.
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