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...
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...
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...
DAX is moving forward and its more likely will head towards 19100+ before any Major Corrections if you are in it then all you need is to trail the stop to cost and Let the trade run Good luck
This chart is only for my educational purposes. Do your due diligence before investing or trading. I'm not responsible for any profits or losses that arise from your actions. The purpose of sharing this chart is only for education, and it serves as my personal diary
This chart is only for educational purposes. Do your due diligence before investing or trading. I'm not responsible for any profits or losses that arise from your actions. The purpose of sharing this chart is only for education, and it serves as my personal diary
Mean Reverting versus Non–Mean Reverting Approaches The type of technical studies employed also depends on the approach taken by traders and analysts with respect to their personal preferences and biases regarding the action of price in the markets. Basically, traders either adopt a contrarian or a momentum‐seeking type approach. Being more contrarian in their...
The sub wave 5 ( round) can move up, the position of 5 is possible to be upside one wave up.
The WWK seems completed the wxy to upside. But if we calculate the number of waves of w, then Y if should have 5 waves, then one leg up is left.
DAX is still looking good for 14500+ levels in coming weeks. 13300 is the support at this moment.