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ODFTrader
Oct 29, 2018 4:27 PM

Dax: Expanding or Running Flat (C-wave) Long

GERMAN STOCK INDEX (DAX)TVC

Description

We'll see how it goes

Comment

This is a longer term forecast and you can follow it all the way
I see on the weekly time frame an Elliott Wave Flat pattern developing, but if the structure is changing I'll keep you updated.

Comment

The structure is still valid as a running flat pattern. If you want to enter a long position it would be a good time now.

But don’t expect instant profits, because price could drop and make a expanding flat pattern also, before trending higher.
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