AleksanderThor
Long

Updated: DAX - The Cup & Handles - Hourly

FX:GER30   DAX index of German listed shares
A potential cup and handle pattern has almost formed on the hourly chart! A breakout over the resistance from the Cup is a signal to go long. If we look back in time we have seen a valid Inverted Cup and handle pattern where a breakout resulted in relative big decline!
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