OmarDjurhuus
Long

Dax: Expanding or Running Flat (C-wave)

TVC:DEU30   DAX Index
We'll see how it goes
Comment: This is a longer term forecast and you can follow it all the way
I see on the weekly time frame an Elliott Wave Flat pattern developing, but if the structure is changing I'll keep you updated.
Comment: The structure is still valid as a running flat pattern. If you want to enter a long position it would be a good time now.

But don’t expect instant profits, because price could drop and make a expanding flat pattern also, before trending higher.
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