DAX Channel Up or Inverted Head and Shoulders?

 

Pattern: Channel Up on 4H.

Signal: Buy but only if the price breaks above the middle of the Channel again. Otherwise the pattern may turn into an Inverted Head and Shoulders.

Target: 13600 (Higher High trend-line of the Channel Up).

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Tradingview link:

https://www.tradingview.com/chart/FDAX1!/Fqq5vjAZ-DAX-Channel-Up-or-Inverted-Head-and-Shoulders/



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