This is a short term forecast. I expect the DAX to climb higher and take out the 2015 highs later at some stage. Trade with your own proven strategy! Abide by your stops!
Comment:
I am now looking for a daily chart close below 11892. This will signal further downside. Good Luck!
Comment:
I'm taking half off here. Move stop to break even. Well done all.
Trade closed manually:
Break even stop reached. Well done for all who took half with me. For those who are still looking for a pull back I believe the pattern is still valid as long as we don't close above the recent high on a daily chart close (use DAX chart not GER30). Cheers
Comment:
B wave more extended but the structure remains.
B wave more extended but the structure remains.