DAX Futures
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DAX head and shoulders

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On 1h interval we can identify a potential head and shoulders formation. Sadly confirmation of this move would be dodgy if the move would start after Europe closing. I would watch closely Volume and what happens in US stock for the rest of the day. Risk and Reward ratio seems promising but I would beware of playing that if the move is not confirmed by volume. MACD seems to confirm this move.
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Interesting enough if that move would happen given RSI already is at ~36 so its pretty low.

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