I think we have a perfect short configuration here on multi-timeframe setup for the DAX. That's the zone I was looking for to short again.. and all tends to do just fine here ! Shorted, now wait for confirmation tomorrow.
Just as the DOW count revealed, the DAX 0.76% may be creating an ending diagonal formation on fifth and final wave of the current count that started upon Trump's election and fueled the price without a single retracement (as 2 & 4 were both flat corrections ). Anyway we might be reaching a market top as suggested and as we didn't have any retracement and that...
Took me quite some time to build this up but the result shows a very clean sceanrio here ! Everything tends to correspond between each different timeframe and so the forecast is even more likely to occur. It shows that on the biggest timeframe, gold has made it's 5 wave impulse and is now retracing in 2 impulses. The first have been completed and we clearly see...
No need to talk much here... this is short agressive entry with tight stop and clear targets to take first profits and keep a 50% running short in long term ;) We'll see if confirmation or not by the end of Eurozone session and should have targets reached by the US one. Of course timing is always the hardest part to predict... So don't take this for granted. Its...