JonasBenjaminFriedrich

DAX now with good chance to risk play for short term swing

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TVC:DEU40   GERMAN STOCK INDEX (DAX)
Bigger Picture is is bearish like analyised, however I think we are currently in a pullback of the bigger move to the downside. This pullback should retrace deeper to 50-61-8% therefore there is still room to the upside before the move on the downside continues. Further I am expecting the pullback to come in 3 waves ABC, therefore we are still missing the C wave, which could be starting at current levels. Note that most likely this move doesnt start until the new trading day and should we make a new lower low the setup becomes obsolete in which case we would have finished the corrective pullback already.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.