merakshi

DAX 15m analysis to catch the next retracement level

Short
EUREX:FDAX1!   DAX FUTURES
hi All,

Yesterday I catched the DAX right at the top ! How I came to that analysis based on Elliott waves / Fibonacci I will explain in a tutorial.
Now wave (1) is finished and I am looking for the next retracement level.
The first retracement is the level where the triangle appeared. I expect that this level will be exceeded so I assume the retracement will go up until 12643 in wave (2) to start another fall.

I will keep you posted in that thread.

Cheers,
Merakshi.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.