DAX 5th Wave Extension?
Güncellendi
To be honest, I am not much of an elliott wave guy and have a basic understanding of it. However, it looks like the DAX is making a 5th wave extension of a 5th wave extension. see link here for 5th wave extensions. figure 1-10 elliottwave.com/tutorial/Lesson2/2-2.htm
If I am correct, the DAX might not have much room to the upside. If the Dax makes a w4 then a w5 up to finish the 5th wave extension to complete W3. It could present a good rr short with a tight stop with a target of 10764- 10600 Note, would wait for daily confirmation to short with signs of clear rejection, because the Dax is quite strong.
If I am correct, the DAX might not have much room to the upside. If the Dax makes a w4 then a w5 up to finish the 5th wave extension to complete W3. It could present a good rr short with a tight stop with a target of 10764- 10600 Note, would wait for daily confirmation to short with signs of clear rejection, because the Dax is quite strong.
Not
Break feb lows and there is some air below. Not
daily look 
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.