T1 = 12950
T2 = 12390
T3 = 11890
This is based on the assumption that wave 5 has come to an end and that we've entered a correction wave. Would be happy to hear from people that know a lot more than me about EW.
T2 = 12390
T3 = 11890
This is based on the assumption that wave 5 has come to an end and that we've entered a correction wave. Would be happy to hear from people that know a lot more than me about EW.
Trade active
Looking at this again, I'd say that reaching the 12950 to form the right shoulder followed by a sharp down is still possible.Note
DAX rejected a close below 11'930 again and is now on its way to form the right shoulder. I'll start looking out for a high in RSI around the 12'650 mark and divergence around the 12'850-12'950 mark. We'll see....telegraph.co.uk/health-fitness/nutrition/have-fallen-great-calorie-con/
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.
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.