D-DAX
DAX index (DAX) | The best scenario for the last climb📝Hello traders, DAX in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In counting this index, we counted the main 1 and 2 waves, and from the 3 main waves that we have in mind; Microwaves 1, 2, 3, and 4 are formed, and now we are inside wave 5 of wave 3.
The ratio of microwave 5 to other waves of the main wave 3 is not normal, ie its ascent is shorter than other waves.
Also, the main wave 3 is not in a good position compared to the first wave.
For this reason, we assume that the climb will continue until the ratios confirm each other.
But it must be borne in mind that all these ratios can be fielded and start the downward trend earlier than we expect by breaking the line.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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DAX index (DAX) | The best area to fall🔥Hello traders, DAX in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In counting this index, we counted the main 1 and 2 waves, and from the 3 main waves that we have in mind; Microwaves 1, 2, 3, and 4 are formed, and now we are inside wave 5 of wave 3.
The ratio of microwave 5 to the other waves of the main wave 3 is not normal, ie its ascent is shorter than other waves.
Also, the main wave 3 is not in a good position compared to the first wave.
For this reason, we assume that the climb will continue until the ratios confirm each other.
But it must be borne in mind that all these ratios can be fielded and start the downtrend earlier than expected by breaking the line.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
DAX index (DAX) | The best scenario for the fall📝Hello traders, DAX in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count that has been done. The main waves 1 and 2 in this process of progress are over and now we are in wave 3.
It consists of 3 microwaves 1, 2, 3 and 4 and wave 5 is at the beginning of its motion.
We expect wave 5 to climb to Fibonacci 1.618, which is the ratio of the main wave 3 to the main wave 1, and then wave 4 will start with a complete break of the trend line .
Wave 4 will be deep and long due to wave 2.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
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DAX Index FuturesThe Index Futures in trading in a parallel channel on Monthly chart.
Also as per Fibo retracement, 127.2% is at 15400 levels which exactly coincides with the upper band of the Parallel channel.
So we can expect 4-5% move from current levels.
Disc: We can't trade with this & so it is just for educational purposes only !!
DAX analysis with Elliott WaveOm Namah Shivay
DAX index has different and complex structure from the recent past bottom.
It looks the upside movement is pending. The recent movement suggests that it is a impulse starting. A minor impulse wave starting where 1,2 are being made.
The analysis has chance of being invalidated incase there is still sideway movement left.
Om Namah Shivay
DAX GER SHort Head and Shoulder Set up! Big oportunity Keep the eyes open for MACD divergence as previous head and left shoulder signal. Once we have a decent bearish candle on the resistance level of the previous shoulder we go short €€€