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NDD46
Nov 3, 2023 9:10 AM

DAX: Rebound and Wolfe Wave Long

DAX IndexXETR

Description

The DAX shows a Wolve Wave with target around 15600, which is also an important Fibo and multi Top area.

Comment

The Wolve is not active recently, so this is potentially long, long is one candle above the upper kone line. Not that the DAx is allowed to go along the line and could form even a new low wo making the WW invalid. Long is, if active midterm

Comment

More or less a step increase to the target line. Perfect!
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