FX:GER30   DAX index of German listed shares
Thats my look on the weekly chart on the DAX             , Both structures in the two green rectangels may be similar.
*This is not elliott wave count, its just my way to lable the structure. Line thickness indicate thier possibility.

-It looks like that DAx             may be doing this now, ofcourse ther will be some corrections on the way up, and thats good to add some more longs on the way.

-The impulsive wave will be confirmed after first breaking the @11580 then consolidating without breaking @9700.

-That is a weekly chart, so we will be shorting some times in the correction levels but on our way up.It#s just to look from time to time where we are in the bigger picture.

-Until 1st week of december, DAX             most likely go straigh up, without major corrections, but be careful in end of december and in January, some corrections to the downside there is 90% will happend.
Comment: 16 weeks in a row failing to break above @10800, looks like @9700's is on the way.
Only a clear break below @10500 will confirm the down wave to the @9700.
Still holding my longs targeting @11200 and @11600, will close them manually after consolidation below @10500, where will change to shorting the DAX.

Good luck
Comment: Waiting to short the retest of @12120 level, SL @12290 and TP1@11680, TP2@10800
If SL is hit will Change to Long targeting @12900 and short from there to the same TP1 and TP2
Trade active: Short opened @12150, tight SL@12190, TP@11680 and TP2@ 10800
Trade closed: stop reached
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