In 2013 DAX closed above the old ATH of 8.150 with a weekly candle. The follwing weekly candle was green....and the following one? :::::::::::::::::::: In 2013 DAX made almost 5% after closing above the old ATH (8.150) within the next 2 weeks....and lost 10% from the new top within the next five weeks! ::::::::::::::::::::: The chart shows you what a similar pattern would meen for DAX this time..... - first 13K (5% above this ATH @ 12.390) within this and the following week (whatch out for a spike) - followed by 5-6 red weekly candles (-10% from about 13k) down to about 11.640 to 11.440 (horizontal support)..... ::::::::::::: The upcoming weekly candly must be green for such a scenario..... :::::::::::::::: successful trades!
Comments
NonOlet
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This idea might be suitable to our recent situation... -- you might reevaluate it for 2018
lu1977hk
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Targets almost reached->11.640 to 11.440 almost at reach. Time to buy or we should also see the EURO Topping? German election day would be the right moment? Waiting for your updates...
lu1977hk
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Are we ready to short? please update this nice chart.