Germany 30
Short

DAX - time for a correction

109
I am counting an impulsive advance, assuming wave (iii) is over.

Expecting a pullback in the wave (iv) - towards 38.2% against wave (iii).

Mind also, that the wave iv, as a rule, provides support as well.

This is a counter trend entry, but I find it more or less safe.

Mind your risks.

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.