DAX / H2 : Cycle update show probable excess through resistance
Updating from the previous analysis, cycles shows that we still have the chance to make a final wave to complete the elliott count on short term period.
Using theoric targets show that the best case scenario could lead to a price near 12950. A price that sounds interesting to me as it was the highest ask price reached by the "fake" IG quotes during the first round of French Election.
So this price might be of interest for market making purpose. And cash prices might then want to test them out !
Anyway the analysis tend to confirm a highly probable excess... So I'll wait a little bit more before considering a leveraged entry.
Hope this idea will inspire some of you ! I'm pretty new to TradingView so I'ld appreciate any like/comment/follow if you feel like it deserve it ;)
Using theoric targets show that the best case scenario could lead to a price near 12950. A price that sounds interesting to me as it was the highest ask price reached by the "fake" IG quotes during the first round of French Election.
So this price might be of interest for market making purpose. And cash prices might then want to test them out !
Anyway the analysis tend to confirm a highly probable excess... So I'll wait a little bit more before considering a leveraged entry.
Hope this idea will inspire some of you ! I'm pretty new to TradingView so I'ld appreciate any like/comment/follow if you feel like it deserve it ;)
To learn more about the PRO Strategy and request a trial for the indicators:
Website : pro-indicators.com
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Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
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