Soon the Ema 50 would serve as support and initiate recovery.
This is also supported by the Ichimoku Legging Span, which is still above price and forming an ABC correction that should bottom out next week.
We could get a cup-and-handle pattern that if the February 24th high breaks off could provide strong bullish stimulus.
In this concept we see a large decline in the German DAX index, which could occur in the second week of March at the latest. Keep an eye on it!
With an ATH in March, another bull trap could very easily arise and then, with excessive selling, turn it into a downward stimulus. Only then would the pressure be intensified through targeted, bearish attacks.