thread: Dax - Daily analysis and Discussion

Sorry guys ... (... panta rei ... everything is changed ...) Dax30 (h4) In the count Elliott of ... mine(?!) ... we're inside the 4th wave (3rd bull market): a corrective ABC ... I wait patiently for the wave b4 (bearish) @ 13300 roughly P.S. RMI is in (DN) divergence picture

$P (h1)

in the event the price doesn't cross the top border ...
... there is no overbought and it will not return ...


P.S.
It'll take more candles and less volatility since the bands will probably flatten ...
... generating the red arrows, the excess of overbought and the feasible descent (EW?)

we are going down....

13281 first support

We are going down...

Sold 13265 ... but in today everything is possible

my two. Entry short is 13366

13 306 is Really support

Sorry men ... (... panta rei ... everything is changed ...) Dax30 (h4) In the count Elliott of ... mine(?!) ... we're inside the 4th wave (3rd bull market): a corrective ABC ... I wait for the wave b4 (bearish) @ 13300 roughly P.S. RMI is in (DN) divergence image

Hi Mag00 I Agree with you But I?m thinking (in my head would be anticipate unforeseen)

Actually 13 311. I have shorts order approximately 13 330. Inside my opinien Top is near.

Sorry men ... (... panta rei ... what's transformed ...)

Dax30 (h4)

In the count Elliott of ... mine(?!) ...

we are inside the 4th wave (3rd bull market): a corrective ABC
... I wait for the wave b4 (bearish) @ 13300 approximately


P.S.
RMI is at (DN) divergence

This level, around 13,290 should be a test if it is to move higher. If it can break it then it's set to go higher towards the level.

You also don't want me to inform you that you want a much bigger SL for the Dow, so minimal 30 if inputting on only a 1m tf, as opposed to the Dax which requires generally a minimum of 15 pips. Dow simply reverted 180 pips from the reduced, which demones exactly how far it moves in no time at all.

Do not I know it!
I Really like my own FX pairs for today, along with the Dax is sometimes tradeable, but the Dow burnt me a lot too quickly a year to go back at it again, especially not in the current context where it has been trapped in a (big) range for months