Germany 40 CFD
Short

DAX. SELL AREA.

63
DAX can have one more move higher before selling off or it can fall from where it is. I will add a shorter TF chart to see which is likely.
The higher move will create a 135 Pattern.
Either way as it stands buying at the 12000 area looks like it could be a bigger move back to ATHs.
We want to see an ABCD back into the buy zone. If it accelerates down then we may have a bigger bearish possibility.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.