TomBurgoine
Short

GER30 to go short

FX:GER30   DAX Index
199 0 3
GER30             completing the c wave of its retrace. this is wave 2 of the bigger cycle which will pave the way for the mighty wave 3.
Comment: Upon looking into this on the monthly chart, the ABC wave of the chart is actually the B wave of the bigger cycle, So Wave 3 is not wave 3, it is actually wave C of the correction. overall, GER30 is in the up trend but ready for a move short on the smaller wave C. Still a big pip collector.
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