FX:GER30   DAX index of German listed shares
Lets see if this turns out as expected
I think wave (3) is still to be completed i.e. somewhere around your (5). WIth a 4H setting it may come out clearer.
Reply
Agree, I also just made a new chart. I think the wave is complete. Yesterday I was a bit too quick to announce the reversal.
Reply
madsroland PRO madsroland
Elliott warming up
Reply
AndersE madsroland
snapshot

Don't know how to a drop a graph in the comment field . too new to this.. - but see link instead.
I believe DAX has now completed wave 3, not 5, and are in corrective wave 4. Possible to a 38.2% retracement..? around 10700 area (or lower). This 1-5 "small waves" are wave 1 in the bigger and final wave 5 going "to the top"before a major ABC correction will take place. Would you agree?
Reply
AndersE AndersE
Wave 3 finished almost at 127.2 %
snapshot

Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out