PRO_Indicators

DAX / H2-m15-m2 : Multi Timeframe Intraday Analysis

Short
FX:GER30   DAX Index
This study shows what are my projections for the german index. Still to early too jump into short but certainly not buying anything here as we have a nice reversal on top of the H2 timeframe. Price are probably just pulling back to form Elliott wave 2 point and head to the big wave 3 that should be the extended wave of the bear impulse that I expect the prices to show later. In ploted on this chart the theoric targets I'm looking forward to sell the index again with low risk entries.

Daily Market Reviews (FR+ENG) : youtube.com/c/proindicatorsbundle

// Website : pro-indicators.com
// Discord : discord.gg/Agdf5rt
// Twitter (FR) : twitter.com/Phil_RX
// Telegram (ENG) : t.me/pro_indicators
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.