We can see a clear Wolfe wave pattern at DAX index. Also we can see a divergence on all indicators especially on MACD, that confirms that pattern.
Now the "price" located at the sweet zone and we have a Short term opportunity:
To take some profit => open a LONG position with 2 targets:
1. ±11350 points
2. ±11750 points
I will update this idea
Good luck!
Now the "price" located at the sweet zone and we have a Short term opportunity:
To take some profit => open a LONG position with 2 targets:
1. ±11350 points
2. ±11750 points
I will update this idea
Good luck!
Trade active
Congratulation, first target is reached.Quick Profit!
Trade closed: target reached
Good Profit!
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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.
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.