Get started
DAX Index
Long

DAX: Rebound and Wolfe Wave

By NDD46
Updated
The DAX shows a Wolve Wave with target around 15600, which is also an important Fibo and multi Top area.
Note
The Wolve is not active recently, so this is potentially long, long is one candle above the upper kone line. Not that the DAx is allowed to go along the line and could form even a new low wo making the WW invalid. Long is, if active midterm
Note
More or less a step increase to the target line. Perfect!
Chart PatternsDAX Indexdax40wolfepatternwolfe-wave
NDD46

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.