Update

Sharp moves up and down - the same idea higher for 5w high and sharp decline into 10w low which should be 40w low too.
The hourly chart looks like dips are beeing bought, but if you look at the weekly chart you will see three bearish candles in a row which means highs are beeing sold - the market is turning lower.

Too much mess since 22th of September to call definitive pattern - maybe we saw the top already and now flat correction and 5w high before continuation lower, or triangle will be completed, or something else....

Update

The indices should be close to 5w low completed this week as a-b-c or next week completing impulse, after that we should see 2-3 weeks higher for 5w high. The DAX seems to confirm this.

a-b-c or impulse to be completed next week for H&S.

Possible path if the H&S plays out. Look at RSI perfect touch of the two trend lines.

Waiting for 5w low this or next week then 5w high.

DAX slow corrective price action lower to the trend line and MA200 all this 2 months after the previous low - most likely 10w low and now we should see 2-3 weeks higher for 10w high. At least e-wave for triangle or up to the upper trend line for some kind of diagonal.