As a reminder, please look at the old chart idea down at the links. Price action and elliottwave at its best.
The old longer short target was 16 $. But from the waves I cannot see an end to it. I wait for a long signal, a wave is finished formation, to try to catch the next big move long.
How to trade? Short positions stops bring closer, long positions not yet,...
Wow. This one was spot on. See link below. From 50,80 to 31,76. Couldn't be more happy for the analysis, sadly I did throw the trade away, way too early.
So why now the revisiting. Because. The green line could start, so at least the stops should be brought closer, or parts taken of the table. The 35 could be a nice stop.
My wave sentiment: So neutral to short. ;)
The Deutsche Bank AG (NYSE:DB) Daily Diagram Technical Analysis training shows the following:
The DB share has made a long term bearish movement with the resistance of red trend lines. These resistance lines were under the KUMO, which means that the DB was bearish in long term. The weekly diagram shows an oversold level.
So the first think in mind (as...
In 2009, Deutsche Bank was the largest foreign exchange dealer in the world with a market share of 21%. In the year 2013, DB was the 4th largest European bank sorted by total assets. Whats going wrong with the biggest German Bank?
