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g2rafael

DAX formed h&s pattern on one hour chart reaching fib extension

Long
g2rafael  
VANTAGE:DAX40   None
Chart Patterns Wave Analysis Harmonic Patterns dax40
1
0
chartpattern waveanalysis harmonicpatterns dax40
we can potentially expect a reaction higher from this level in the DAX towards 13300 13400 level.

A correction downwards in usd index will support this idea as well.

Watch for tomorrow's CPI data also
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