DAX Index (Germany) Pattern Recognition Up and Down gap side by side white lines

GDAXI Index   19,626  200.72  1.03%   
DAX Index pattern recognition tool provides the execution environment for running the Up and Down gap side by side white lines recognition and other technical functions against DAX Index. DAX Index value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Up and Down gap side by side white lines recognition function is designed to identify and follow existing trends. DAX Index momentum indicators are usually used to generate trading rules based on assumptions that DAX Index trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was seven with a total number of output elements of fifty-four. The function generated a total of one valid pattern recognition events for the selected time horizon. The Up/Down-gap side-by-side white line is a continuation pattern that shows DAX Index bearish trend.

DAX Index Technical Analysis Modules

Most technical analysis of DAX Index help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for DAX from various momentum indicators to cycle indicators. When you analyze DAX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

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