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Geert2000
Jan 17, 2016 12:39 PM

Dax Zig Zag (ABC Pattern) from 12400 Short

DAX PERFORMANCE-INDEXINDEX

Description

NOTE : Final wave C = 5 bleu waves.
Wave 2 reversed 60% of wave 1
IF wave 3 (estimated lvl 9300) then a reverse of 30-50%
between 9700 -10100 or back to wave 1

Wave 5 calculated (W1+W3) x 0.61 = 8300

Wave 5 could extend and end deeper.
Final down target 8000 -7400

THIS SETUP IS VALID IF WAVE 3 END AT 9300
Comments
AntoninoRomano37
I agree. You have a similar view as I have as expressed in this chart.
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