H&S and rising wedge on DAX. Target 8900?
A possible H & S on the DAX. The second shoulder, if it occurs, will give a good opportunity to sell the index.
The sale price would be at the level of resistance of the falling wedge.
I propose a sale at 9450. the first goal would be 9260 (Support of the rising wedge). On break of this support we will target the low point of the rising wedge 8900
The sale price would be at the level of resistance of the falling wedge.
I propose a sale at 9450. the first goal would be 9260 (Support of the rising wedge). On break of this support we will target the low point of the rising wedge 8900