DAX 4-month Channel Up topped. Sell Signal.Germany 40TRADENATION:DE40TradingShotDAX (DE40) has been trading within a Channel Up since early April and yesterday it hit the top (Higher Highs trend-line) of the pattern and got rejected. Every time such rejection has taken place (4 times) along with a 1D RSI reversal, the pattern initiated a Bearish Leg. The smallest decline such a Bearish Leg had was -4.75% and all hit the 1D MA50 (blue trend-line) and 0.618 Fibonacci retracement level, before rebounding. As a result, we expect DAX to reach at least 25300 next, which would be both a 0.618 Fib test and 1D MA50 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. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇