We have seen a textbook Falling Wedge form on the Daily with the Dax.

It seems like there has been a consolidation (range bounded) move before the next direction.

So looking at the indicators and sentiment of the markets, in the medium term it looks like DAX is destined for upside.

Along with the main markets like S&P500 and Crypto.

We just need the price to break above 20MA and we could see the next target at 20,893

WHat do you think?
Chart PatternsDAX Indexdax30Fundamental AnalysisgermanyTrend Analysis

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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