Analysis of the German DAX and predictions of the completion of the harmonic model

Technical analysis of the German DAX indicator  

The indicator is trying to complete the harmonic patterns shown in the chart on the 4-hour time frame.

It is expected to complete the BAT harmonic model as well as the Shark model near the levels of 19000 and around.

This area is considered a good demand area for the index, from which we are targeting an increase in the index towards the levels of 19200 and then 19300.

This scenario fails if the 18990 levels break down.

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