DAX 4-month Channel Up on a correction. 25300 in play.Germany 40TRADENATION:DE40TradingShotDAX (DE40) has been trading within a Channel Up since early April and following last week's Higher High Top, it has already started its new technical Bearish Leg. Every time such rejection has taken place (4 times) along with a 1D RSI reversal (this time Lower Highs Bearish Divergence even), the pattern initiated a Bearish Leg. The smallest decline such a Bearish Leg did was -4.75% and all of them hit the 0.618 Fibonacci retracement level, before rebounding on a Higher Low. As a result, we expect DAX to reach at least 25300 next, which would be both a 0.618 Fib test and potentially a 1D MA100 (green trend-line) test. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇