marakan

Predicting DAX H4 With Elliott Wave Count

Short
XETR_DLY:DAX   DAX Index
Currently unfolding V Wave On H4 DAX.

I'll watch for end of V Wave, I would like to see divergence on RSI and 5Waves with overlap as end of impulsive wave V.
If you play longs on lower TFs be carefull for overlaps and watch out for dump on the end of V.
Also keep in mind Invalidation levels.

More info in Chart

Let's Go Let's Go!
Marek Parik
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.