After another retest of the broken channel, price is finishing (c) wave in a bigger B wave.
Now looks like time is coming to start shorting DAX into C wave. Price showed strong rejection from the top.
After big sell off on Friday, we could see a pullback tomorrow before selling continues.
Overall long term target is down to at least 11200.
Please comment your thoughts on this!
Good Luck!
Now looks like time is coming to start shorting DAX into C wave. Price showed strong rejection from the top.
After big sell off on Friday, we could see a pullback tomorrow before selling continues.
Overall long term target is down to at least 11200.
Please comment your thoughts on this!
Good Luck!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.